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need asap please! Young Company lends Dobson Industries $42.000 on August 1, 2020, accepting a 9-month. 9% interest note interest is accrued at its December

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Young Company lends Dobson Industries $42.000 on August 1, 2020, accepting a 9-month. 9% interest note interest is accrued at its December 31, 2020, fiscal year-end, what entry must Young make to record the collection of the note and interest on April 30th, 2021? (Hint: You are not asked to prepare the August 1st and/or Dec 31st joumal entries but you need to think about those first.) Cash 44,835 Notes Receivable 42.000 Interest Receivable 1,575 Interest Revenue 1.260 Cash 44,835 Notes Receivable 42,000 Interest Revenue 2.835 O Cash 44,835 44,835 Notes Receivable 42.000 O Notes Receivable 2.835 Interest Revenue 44,835 Cash

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