Giorgio Italian Market bought $7,400 worth of merchandise from Food Suppliers and signed a 90-day, 10% promissory note for the $7,400. Food Supplier's journal entry to record the collection on the maturity date is: (Use 360 days a year.)

Multiple Choice

• Debit Cash $7,585; credit Notes Receivable $7,585

• Debit Notes Receivable $7,400; credit Cash $7,400

• Debit Cash $7,400; debit Interest Receivable $185; credit Sales $7,585

• Debit Notes Receivable $7,585; credit Sales $7,585

• Debit Cash $7,585; credit Interest Revenue $185; credit Notes Receivable $7,400