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A $13,200, 30-day, 12% note recorded on November 21 is not paid by the maker at maturity. The journal entry to recognize this event is
A $13,200, 30-day, 12% note recorded on November 21 is not paid by the maker at maturity. The journal entry to recognize this event is the one listed below. Select the correct answer. O debit Accounts Receivable, $13,332; credit Notes Receivable, $13,200; Credit Interest Revenue, $132 debit Cash, $13,332; credit Notes Receivable, $13,332 Odebit Notes Receivable, $13,332; credit Accounts Receivable, $13,332 debit Notes Receivable, $13,332; credit Accounts Receivable, $13,200; Credit Interest Receivable, $132
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