Max 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 journal entry to record the sales transaction is 3 points Debit Notes Receivable $7,904; credit Sales $7,904 Debit Notes Receivable $7,800; credit Sales $7,800 Debit Accounts Receivable $7,800; credit Sales $7,800 Debit Accounts Receivable $7,904; credit Sales $7,904