On November 19, Nicholson Company receives a $19,200, 60-day, 5% note from a customer as payment on account what adjusting entry should be made on the December 31 year-end? (Use 360 days a year. Debit Notes Receivable $48, credit Interest Revenue $48. Debit Notes Receivable $112; credit Interest Receivable $112 Debit Interest Revenue $160; credit Interest Receivable $160 Debit Interest Receivable $160, credit Interest Revenue $160 Debit Interest Receivable $112, credit Interest Revenue $12