Several years ago, your calendar year company issued a $15,000 note at 8% annual interest due each December 31. If no interest is received this year, what journal entry do you record at year end if your company uses the accrual basis? debit Interest Receivable for $1,200; credit Interest Revenue for $1,200 debit Interest Revenue for $1,200; credit Interest Receivable for $1,200 no entry is necessary debit Cash for $1,200; credit Interest Receivable for $1,200 debit Cash for $1,200; credit Interest Revenue for $1,200