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Swifty Corporation tends Blue Spruce Industries $37200 on August 1.2022. accepting a 9-month 12% interest rate Swifty Corporation accrued interest at its December 31.2022 year-end,

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Swifty Corporation tends Blue Spruce Industries $37200 on August 1.2022. accepting a 9-month 12% interest rate Swifty Corporation accrued interest at its December 31.2022 year-end, what entry must it make to record the collection of the note and interest at ts maturity date? 40548 O Cash Notes Receivable 40548 40548 37200 O Cash Notes Receivable Interest Receivable Interest Revenue 1860 1488 O Cash 40548 Notes Receivable 37200 Interest Revenue 3348 O Not Receivable 37200 Interest Receive 1860 40540

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