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48. On September 10, 2019, Pasta Company received a two-month, 8%, $12,000 note from Rick Ross for the settlement of his open account. The entry

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48. On September 10, 2019, Pasta Company received a two-month, 8%, $12,000 note from Rick Ross for the settlement of his open account. The entry by Pasta Company on November 10, 2019 if Ross dishonors the note and collection is expected is: a. Accounts ReceivableR. Ross 12,000 Notes Receivable 12,000 b. Accounts Receivable-R. 12,160 Notes Receivable 12,000 Interest Revenue 160 c. Accounts Receivable-R. Ross 12,000 Interest Lost 160 Notes Receivable 12,160 d. Bad Debt Expense 12,160 Notes Receivable 12,160

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