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Question 5 (4 points) Slo Corp receives a $23,000, 85-day, 11% note from Fast Corp because Fast Corp was not able to pay its $23,000

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Question 5 (4 points) Slo Corp receives a $23,000, 85-day, 11% note from Fast Corp because Fast Corp was not able to pay its $23,000 accounts payable to Slo Corp. What is the journal entry that Slo Corp would make regarding this transaction? | a) Cr. Accounts Receivable 23,000 b) Dr. Accounts Receivable 23,597 c) Dr. Notes Receivable 23,000 d) Cr. Notes Receivable 23,597

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