on July 9, Mifflin company receives an $9400, 150 day, 6% note from customer Payton Summers to replace an account receivable. What entry should be made by Mifflin on the maturity date assuming the maker pays in full, and no adjusting entries have been made related to the note? (Use 360 days a year)

MULTIPLE CHOICE

Multiple Choice Debit Cash $9.494 credit Interest Revenue $94 credit Notes Receivable $9,400. Debit Notes Receivable $9,400; debit Interest Receivable $235, credit Sales $9,635. Debit Cash $9,507 credit Interest Revenue $107, credit Notes Receivable $9.400. Debit Cash $9.635, credit Interest Revenue $235; credit Notes Receivable $9.400, Debit Cash $9,400, credit Notes Receivable $9,400