On July 9, Mifflin Company receives a $8, 500, 90-day, 8% note from customer Payton Summers as payment on account. What entry should be made on July 9 to record receipt of the note? Debit Accounts Receivable $8.500; credit Sales $8.500 Debit Notes Receivable $8.670; credit Sales $8.670 Debit Notes Receivable $8.500; credit Accounts Receivable Sales $8.500 Debit Notes Receivable $8.500; credit Sales $8.500 Debit Notes Receivable $8.725; credit interest Required $225, credit Accounts Receivable $8.500