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Sheridan Company lends Culver industries $42000 on August 1, 2022, accepting a 9-month, 9% interest note. If Sheridan Company accrued interest at its December 31,

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Sheridan Company lends Culver industries $42000 on August 1, 2022, accepting a 9-month, 9% interest note. If Sheridan Company accrued interest at its December 31, 2022 year-end, what entry must it make to record the collection of the note and interest at its maturity date? Cash 44835 Notes Receivable 42000 Interest Receivable 1575 Interest Revenue 1260 O Cash 44835 Notes Receivable 44835 Cash 44835 Notes Receivable 42000 Interest Revenue 2835 Notes Receivable 42000 Interest Receivable 1575 Interest Revenue 1260 Cash 44835

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