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Giorgio Italian Market bought $8,600 worth of merchandise from Food Suppliers and signed a 90-day, 10% promissory note for the $8,600. Food Supplier's journal entry

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Giorgio Italian Market bought $8,600 worth of merchandise from Food Suppliers and signed a 90-day, 10% promissory note for the $8,600. Food Supplier's journal entry to record the collection on the maturity date is: (Use 360 days a year.) Multiple Choice Debit Cash $8,815; credit Notes Receivable $8,815 Debit Notes Receivable $8,600; credit Cash $8,600 Debit Cash $8,600, debit interest Receivable $215, credit Sales $8.815 Debit Cash $8,815; credit Notes Receivable $8,815 Debit Notes Receivable $8,600; credit Cash $8,600 O Debit Cash $8,600; debit Interest Receivable $215; credit Sales $8,815 O Debit Notes Receivable $8,815; credit Sales $8,815 Debit Cash $8,815; credit Interest Revenue $215; credit Notes Receivable $8,600

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