Final answer:
The company records the issuance of a $200,000, 6%, 6-month note by debiting Cash and crediting Notes Payable for the same amount on December 1.
Step-by-step explanation:
The question relates to accounting and the recording of a financial transaction involving a note payable. When a company issues a $200,000, 6%, 6-month note on December 1 with a December 31 year-end, the entry made by the company on December 1 to record the issuance of the note will debit Cash for $200,000 and credit Notes Payable for $200,000. This entry reflects the intake of cash and the creation of a short-term liability that will need to be settled within six months. Moreover, since the question stipulates a December 31 year-end, it's likely that an adjusting entry will be made to record the accrued interest expense for the month of December.