Doane Company receives a $10,000, 3-month, 6% promissory note from Ray Company in settlement of an open accounts receivable. What entry will Doane Company make upon receiving the note?

. Notes Receivable 10,150 Accounts Receivable-Ray Company 10,150 b. Notes Receivable 10,150 Accounts Receivable-Ray Company 10,000 Interest Revenue 150 C. Notes Receivable 10,000 Interest Receivable 150 Accounts Receivable-Ray Company 10,000 Interest Revenue 150 d. Notes Receivable 10,000 Accounts Receivable-Ray Company 10,000 a.