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Multiple Choice Question 142 Oriole Company receives a $22000, 3-month, 8% promissory note from Sandhill Company in settlement of an open accounts receivable. What entry

Multiple Choice Question 142 Oriole Company receives a $22000, 3-month, 8% promissory note from Sandhill Company in settlement of an open accounts receivable. What entry will Oriole Company make upon receiving the note? 22440 Notes Receivable Accounts Receivable-Sandhill Company Interest Revenue 22000 440 Notes Receivable Interest Receivable Accounts Receivable-Sandhill Company 22000 440 22000 Interest Revenue 440 O 22000 Notes Receivable Accounts Receivable-Sandhill Company 22000 Notes Receivable Accounts Receivable-Sandhill Company 22440 22440

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