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On March 1, 2022, Crane Company accepted a two-month, 10%, $9,000 note from Bulldozer, Inc. in settlement of its open account. The note is due

On March 1, 2022, Crane Company accepted a two-month, 10%, $9,000 note from Bulldozer, Inc. in settlement of its open account. The note is due April 30, 2022. Crane appropriately accrued the monthly interest revenue at March 31. Crane's entry to record the collection of the note on April 30, considering the previous accrual of interest, would include a credit to A. Interest Receivable for $75. B. Cash for $9.150. C. Note Receivable for $9.150. D. Interest Revenue for $150

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