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QUESTION 4 4. The journal entry for the collection of the notes is A. Debit Cash 4,000; Credit Accounts Receivable 4,000 B. Debit Cash 3,018;

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QUESTION 4 4. The journal entry for the collection of the notes is A. Debit Cash 4,000; Credit Accounts Receivable 4,000 B. Debit Cash 3,018; Credit Notes Receivable 3,000, Credit Interest Revenue 18 C. Debit Note Receivable 3,000; Credit Cash 3,000 D. Debit Note Receivable 3,018; Credit Cash 3,018 QUESTION 5 5. The journal entry for the NSF check Debit Cash 200; Credit Accounts Receivable 200 O A Debit Accounts Receivable 200; Credit Cash 200 C. Debit Miscellaneous Expense 200; Credit Cash 200 D. You do not write a journal entry for the NSF check

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