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37. Best Company uses accrual accounting and closes its books every December 31. On April 1, 2022, Best sells $6,000 of merchandise and accepts a

37. Best Company uses accrual accounting and closes its books every December 31. On April 1, 2022, Best sells $6,000 of merchandise and accepts a $6,000, 2%, 18- month note as payment. At December 31, 2022, Best's required adjusting entry for earned interest includes a. a $20 debit to Interest Receivable. b. a $60 debit to Interest Receivable. c. a $90 debit to Interest Receivable. d. a $60 credit to Cash

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