TB MC Qu. 07-134 (Algo) On July 9, Mifflin Company receives... On July 9, Mifflin Company receives a $9,600, 90-day, 8% note from customer Payton Summers to replace an account receivable, What entry should be made by Mifflin on July 9 to record receipt of the note? Multiple Choice ces Debit Accounts Receivable---P.Summers $9,600 credit Sales $9,600 Debit Notes Receivable $9.792, credit Sales $9,792 Debit Notes Receivable $9,600: credit Accounts Receivable --P.Summers $9,600, F%252Fnewconnect.m... Saved Help Save & Ex Multiple Choice Debit Accounts Receivable-P.Summers $9,600; credit Sales $9,600, Debit Notes Receivable $9,792credit Sales $9,792 Debit Notes Receivable $9,600: credit Accounts Receivable-P.Summers $9.600. Debit Notes Receivable $9,600; credit Sales $9,600. Debit Notes Receivable $9,854 credit Interest Revenue $254; credit Accounts Receivable ---- Summers $9,600