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On October 31, 20x4, you lend $ 1584804 to another company for one year. At October 31, 20x5, you will receive the $1584804 plus 4%

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On October 31, 20x4, you lend $ 1584804 to another company for one year. At October 31, 20x5, you will receive the $1584804 plus 4% interest. The December 31, 20x4 adjusting entry will include a credit to Select one: a. Interest receivable in the amount of $10565 b. Interest receivable in the amount of $15848 c. Interest revenue in the amount of $15848 C d. Interest revenue in the amount of $10565 Check

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