need 19 answer

(continued from the previous question) Which of the following stateme about the journal entries recorded by your company? (select all that apply - i.e. just one or as many as all of them) On 1/1/X1, a contra-asset account is credited As a consequence of the journal entries recorded on 1/1/X1, net assets increase by 82,645 As a consequence of the journal entries recorded on 1/1/X1, net assets increase by 100,000 A contra-asset is credited 12 months after the service was rendered Cash is debited 12 months after the service was rendered On 1/1/X1 your company rendered a service to a customer and accepted in exchange a 2-year, non-interest bearing note receivable with $100,000 face value. You estimate the annual interest rate to be 10%, compounded annually. Which of the following statement is correct? On 1/1/X1 Revenue is credited for (approximately) $100,000 On 1/1/X1 Revenue is credited for (approximately) $82,645 On 1/1/X1 Revenue is credited for (approximately) $121,000 On 1/1/X1 Revenue is not credited, but other journal entries are required. No journal entry is required on 1/1/X1