Graw Hall 18 of 25 Concepts completed Multiple Cholce Question 3 Lion Company accepted a $15,000, 30-day, 6% note on December 16 from Diaz Co, granting a time extension on his past-due account receivable. The adjusting entry on December 31 for Lion Company would include a credit to: O Interest Revenue for $75. O Interest Receivable for $75. O Interest Receivable for $37.50. O Interest Revenue for $37.50