TB MC Qu. 09-128 (Algo) On May 22, Jarrett Company borrows... On May 22, Jarrett Company borrows $9,400, signing a 90-day, 8%, $9,400 note. What is the journal entry made by Jarrett Company to record the payment of the note on the maturity date? Multiple Choice O O Debit Notes Payable $9,400; credit Interest Expense $188; credit Cash $9,212 Debit Notes Payable $9,400; credit Cash $9.400. Debit Notes Payable $9,588, credit Cash $9.588. Debit Notes Payable $9,400; debit Interest Expense $188, credit Cash $9,588. Debit Cash $9,588, credit Interest Revenue $188, credit Notes Receivable $9.400.

TB MC Qu. 09-128 (Algo) On May 22, Jarrett Company borrows... On May 22, Jarreat Company borrows $9,400, signing a 90 -day, 85, $9,400 note. What is the joumal ertry made by Jarret Compary to record the poyment of the note on the maturity dote? Matiple Choice TB MC Qu. 09-128 (Algo) On May 22, Jarrett Company borrows... On May 22, Jarreat Company borrows $9,400, signing a 90 -day, 85, $9,400 note. What is the joumal ertry made by Jarret Compary to record the poyment of the note on the maturity dote? Matiple Choice