Question 18 Mason Company gathered the following information from its accounting records and the October bank statement to prepare the October bank reconciliation: Ending cash balance per books, 10/31$3,500 Deposits in transit150 Interest received from bank850 Bank service charge for check printing30 Outstanding checks2,000 NSF check ofA T. Owens175 Use the information above to answer the following question. What journal entry would Mason Company be required to record for the interest received from the bank? O No journal entry is required because the bank is aware of the interest payment O debit Cash and credit Interest Revenue for $850 debit Interest Receivable and credit Interest Revenue for $850 O debit Interest Revenue and credit Cash for $850