A company issues a 60-day, 6 percent, $100,000 note to a customer, to replace the customer's $100,000 outstanding Accounts Receivable. Provide the journal entry upon issuance of the note. Dr. Note Receivable $100,000 Cr. Cash $100,000 Dr. Note Receivable $101,000 Cr. Accounts Receivable $101,000 Dr. Note Receivable $106,000 Cr. Accounts Receivable $106,000 Dr. Note Receivable $100,000 Cr. Accounts Receivable $100,000 lon su mandatory (points A company issues a 60-day, 6 percent, $100,000 note to a customer, to replace the customer's $100,000 outstanding Accounts Receivable. Assume the company does not close its books during the life of the note. Provide the journal entry at receipt of the maturity value. Dr. Cash $101,000 Cr. Note Receivable $101,000 Dr. Cash $101,000 Cr. Note Receivable $100,000 Cr. Interest Revenue $1,000 Dr. Cash $106,000 Cr. Note Receivable $100,000 Cr. Interest Revenue $6,000 Dr. Cash $100,000 Cr. Note Receivable $100,000 A company issues a 60-day, 6 percent, $100,000 note to a customer, to replace the customer's $100,000 outstanding Accounts Receivable. Assume the company closes its books exactly half-way through the life of the note (Day 30). Provide the journal entry on Day 30 when the books are closed. Dr. Cash $3,000 Cr. Interest Revenue $3,000 Cr. Interest Revenue $6,000 Dr. Interest Receivable $3,000 Cr. Interest Revenue $3,000 Dr. Interest Receivable $500 Cr. Interest Revenue $500 O Dr. Cash $500 Cr. Interest Revenue $500 ay, omer, eplace customer's $100,000 outstanding Accounts Receivable. Assume the company closes its books exactly half-way through the life of the note (Day 30). Provide the journal entry on Day 60 at receipt of the maturity value. Dr. Cash $101,000 Cr. Interest Revenue $500 Cr. Interest Receivable $500 Cr. Note Receivable $100,000 Dr. Cash $101,000 Cr. Interest Revenue $1,000 Cr. Note Receivable $100,000 Dr. Cash $100,500 Cr. Interest Revenue $500 Cr. Note Receivable $100,000 Dr. Cash $106,000 Cr. Interest Revenue $3,000 Cr. Interest Receivable $3,000 Cr. Note Receivable $100,000