Starr Corporation loaned $90,000 to another corporation on December 1, 2022 and received a 3-month, 8% interest-bearing note with a face value of $90,000. What adjusting entry should Starr make on December 31, 2022?

Group of answer choices

Debit Interest Receivable and credit Interest Revenue, $1,800.

Debit Cash and credit Interest Revenue, $600.

Debit Interest Receivable and credit Interest Revenue, $600.

Debit Cash and credit Interest Receivable, $1,800.