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Jax Recording Studio purchased $7.800 in electronic components from Music World. Jax signed a 60-day, 8% promissory note for $7.800. Music World's joun entry to

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Jax Recording Studio purchased $7.800 in electronic components from Music World. Jax signed a 60-day, 8% promissory note for $7.800. Music World's joun entry to record the sales transaction is: Multiple Choice Debit Accounts Receivable $7800, credit Sales $7800 Debit Notes Receivable $7.90* credit Sales $7904 Debt Notes Receivable $7800, debit interest Receivable $104 credit Sales $7904 Debit Notes Receivable $7800, credit Sales $7800 Debit Accounts Receivable $7.904 Credit Soles $2904

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