HELPP

TB MC Qu. 07-134 (Algo) On July 9, Mifflin Company receives... On July 9, Mifflin Company receives a $9,200,90-day, 8% note from customer Payton Summers to replace an account receivable. What entry should be made by Mifflin on July 9 to record receipt of the note? Debit Notes Receivable $9,200; credit Accounts Receivable-P.Summers $9,200 Debit Notes Receivable $9,200; credit Sales $9,200. Debit Notes Receivable $9,384; credit Sales $9,384 Debit Notes Receivable $9,443; credit Interest Revenue \$243; credit Accounts Receivable-P. Summers $9,200. Debit Accounts Receivable-P. Summers $9,200; credit Sales $9,200