2. On August 1, Jackson Radiology signed a one-year note receivable of $60,000 with interest at of 15% payable every six months. Jackson properly accrued interest on the note on December 31. What journal entry would Jackson make on the following February 1 to record the interest payment received on that date? a. Debit Cash and credit Interest Revenue for $4,500 b. Debit Cash and credit Interest Revenue for $750 c. Debit Cash for $4,500, credit Interest Receivable for $3,750, and credit Interest Revenue for $750 d. Debit Cash for $750, debit Interest Receivable for $3,750, and credit Interest Revenue for $4,500

2. On August 1 , Jackson Radiology signed a one-year note receivable of $60,000 with interest at of 15% payable every six months. Jackson properly accrued interest on the note on December 31 . What journal entry would Jackson make on the following February 1 to record the interest payment received on that date? a. Debit Cash and credit Interest Revenue for $4,500 b. Debit Cash and credit Interest Revenue for $750 c. Debit Cash for $4,500, credit Interest Receivable for $3,750, and credit Interest Revenue for $750 d. Debit Cash for $750, debit Interest Receivable for $3,750, and credit Interest Revenue for $4,500