Giorgio Italian Market bought $7,000 worth of merchandise from Food Suppliers and signed a 90-day, 6% promissory note for the $7,000. Food Supplier's journal entry to record the collection on the maturity date is: (Use 360 days a year.)

Multiple Choice

• Debit Cash $7,105; credit Interest Revenue $105; credit Notes Receivable $7,000

• Debit Cash $7,000; debit Interest Receivable $105; credit Sales $7,105

• Debit Notes Receivable $7,105; credit Sales $7,105

• Debit Cash $7,105; credit Notes Receivable $7,105

• Debit Notes Receivable $7,000; credit Cash $7,000