On January 15, 2018, Crane Company received a two-month, 9%, $8000 note from William Pentel for the settlement of his open account. The entry by Crane Company on March 15, 2018 if Pentel dishonors the note and collection is expected is:

A. Accounts ReceivableW. Pentel 7880 Interest Lost 120 Notes Receivable 8000 B. Bad Debt Expense 8120 Notes Receivable 8120 C. Accounts ReceivableW. Pentel 8120 Notes Receivable 8000 Interest Revenue 120 D. Accounts ReceivableW. Pentel 8000 Notes Receivable 8000