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32 (3 points) Chillee lent $1500 to an employee who signed a 3 month note with an interest rate of 8%. At the end of
32 (3 points) Chillee lent $1500 to an employee who signed a 3 month note with an interest rate of 8%. At the end of the 3rd month, the employee paid Chillee the amount owed plus interest. Which of the following is a part of the entry made by Chillee? Credit interest Revenue $120. Credit Cash $1,500. Credit Notes Receivable $1,500. Debit Interest Receivable $30
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