Grayson Bank agrees to lend the Trust Company $200,000 on January 1. Trust Company signs a $200,000, 5.25%, 1-year note.
The entry made by Trust Company on January 1 to record the borrowing:

a) Interest Expense; 10,500 Cash 189,500; Notes Payable 200,000.
b) Cash 210,500; Notes Payable 210,500.
c) Cash 200,000; Notes Payable 200,000.
d) Notes Payable 200,000; Interest Payable 10,500; Cash 200,000; Interest Expense 10,500.

Gyou are in charge of making the work schedule for the next two weeks. typically this is not a difficult task as you work at a routine 8am – 5pm company. however, over the next two weeks you are required to schedule someone to be in the office each saturday. after contemplating this for a few days you make the schedule and assignments. before posting the schedule for everyone you decide that it is a good idea to meet personally with the two people you have scheduled to work the weekend. what do you say to them? what is your desired outcome?