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On March 1 , Company A provides legal services to Company B . Legal services total $ 9 , 7 0 0 . In payment

On March 1, Company A provides legal services to Company B. Legal services total $9,700. In payment for the services, Company B signs a 10% note requiring the payment of the face amount and interest to Company A on September 1.
Required:
For Company A, record the acceptance of the note receivable on March 1 and the cash collection on September 1.(If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

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