On January 1, 2015, Oxford Company finished consultation services and accepted in exchange a promissory note with a face value of $600,000 and a due date of December 31,2017 . The stated rate of interest is 5% with interest receivable at the end of each year through 12/31/17. Assume an effective interest rate of 10% is implicit in the agreed-upon price. The effective amortization method is used. Oxford's journal entry on 1/1/15 to record service revenue will include: Select one: a. A credit to Notes Receivable for $600,000 b. A credit to Service Revenue for $600,000 c. A credit to Discount on Notes Receivable for $74,603 d. A debit to Service Revenue for $547,936 e. A credit to Discount on Notes Receivable for $52,064 Clear my choice