A $6,000, 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. debit Cash, $6, 060; credit Notes Receivable, $6, 060 b. debit Accounts Receivable, $6, 060; credit Notes Receivable, $6,000; Credit Interest Receivable, $60 c. debit Notes Receivable, $6.060; credit Accounts Receivable, $6, 060 d. debit Accounts Receivable, $6, 060; credit Notes Receivable, $6,000; Credit Interest Revenue, $60 On November 1, Kim Company accepted a 3-month note receivable as payment for services provided to Chu Company. The terms of the note were $8,000 face value and 6% interest. Kim Company closes its books at December 31 and does not use reversing entries. On February 1, the journal entry to record the collection of the note should include a credit to a. Notes Receivable for $8, 120 b. Interest Receivable for $ 120