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In the above example (question #5), how would you record the transaction at maturity? (A) Debit Cash $6,000; Credit Notes Receivable $6,000 (B) Debit Cash

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In the above example (question #5), how would you record the transaction at maturity? (A) Debit Cash $6,000; Credit Notes Receivable $6,000 (B) Debit Cash $49.32; Credit Interest Revenue $49.32 (C) Debit Notes Receivable $6,049.32; Credit Cash $6,049.32 (D) Debit Cash $6,049.32; Credit Notes Receivable $6,000; Credit Interest Revenue $49.32 O A. Debit Cash $6,000; Credit Notes Receivable $6,000 O B. Debit Cash $49.32; Credit Interest Revenue $49.32 O C. Debit Notes Receivable $6,049.32; Credit Cash $6,049.32 D. Debit Cash $6,049.32; Credit Notes Receivable $6,000; Credit Interest Revenue $49.32 Sanjay, a customer of Best Buy decided to pay $800 after the account was written off as bad debt. Record the collection of the account. (A) Debit Cash $800; Credit A/R $800 (B) Debit A/R $800; Credit Cash $800 (C) Debit A/R $800; Credit AFDA $800 (D) Debit Cash $800; Credit AFDA $800 O A. Debit Cash $800; Credit A/R $800 O B. Debit A/R $800; Credit Cash $800 O C. Debit A/R $800; Credit AFDA $800 O D. Debit Cash $800; Credit AFDA $800 In the above example (question #5), how would you record the transaction at maturity? (A) Debit Cash $6,000; Credit Notes Receivable $6,000 (B) Debit Cash $49.32; Credit Interest Revenue $49.32 (C) Debit Notes Receivable $6,049.32; Credit Cash $6,049.32 (D) Debit Cash $6,049.32; Credit Notes Receivable $6,000; Credit Interest Revenue $49.32 O A. Debit Cash $6,000; Credit Notes Receivable $6,000 O B. Debit Cash $49.32; Credit Interest Revenue $49.32 O C. Debit Notes Receivable $6,049.32; Credit Cash $6,049.32 O D. Debit Cash $6,049.32; Credit Notes Receivable $6,000; Credit Interest Revenue $49.32

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