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Sunland Company lends Blossom Company $9700 on April 1, accepting a four-month, 12% interest note. Sunland Company prepares financial statements on April 30. What adjusting

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Sunland Company lends Blossom Company $9700 on April 1, accepting a four-month, 12% interest note. Sunland Company prepares financial statements on April 30. What adjusting entry should be made before the financial statements can be prepared? Note Recelvable 9700 Cash 9700 Interest Recelvable 388 Interest Revenue 388 Cash 97 Interest Revenue 97 Interest Receivable 97 Interest Revenue 97

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