July 9 Company receives a exist8, 500, 90-day, 8% note from customer Payton Summers payment on account. What entry should be made on July 9 to record receipt of the note Debit Accounts Receivable exist8, 500. Debit Notes Receivable exist8, 670, credit Sales exist8, 670 Debit Notes Receivable exist8, 500, credit Accounts Receivable exist8, 500. Debit Notes Receivable exist8, 500, credit Sales exist8, 500 Debit Notes Receivable exist8, 725, credit interest Receivable exist225, credit Accounts Receivable exist8, 500