On April 12, Jackson Company agrees to accept a 60-day, 7%, $6,600 note from Alan Company to extend the due date on an overdue account. What is the journal entry that Alan Company would make when it records payment of the note on the maturity date? (Use 360 days a year.) Multiple Choice Debit Cash $6,677, credit Interest Revenue $77. credit Notes Receivable $6.600 Debit Notes Payable $6,600, credit Interest Expense $77, credit Cash $6,523 Debit Notes Payable $6.600; debit interest Expense $77; credit Cash $6,677. Debit Notes Payable $6,600; debit interest Expense $116: credit Cash $6,716 Debit Cash $6,677, credit Interest Revenue $77, credit Notes Payable $6,600