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Question 34 Jerri's Jewelry accepted a $2,400 note receivable from S. Wells in settlement of an overdue account receivable. The 10% note was dated October 2 of the current year and was due in 120 days. What is the journal entry on Jerri's books on October 2? 2.400 Notes Receivable Sales Revenue 2.400 Notes Receivable Cash 2.400 2.400 Notes Receivable 2,400 Accounts Receivable - S. Wells 2,400 None of the above Question 35 Perris Jewelry accepted a $2,400 note receivable for S. Wells in settlement of an overdue account receivable. The 10% note was dated October 2 of the current year and was due in 120 days. Assume that interest revenue was properly accrued on December 31. The entry made at maturity the following year will include a credit to Interest revenue of $60 Interest revenue of 520 Interest revenue of $80 Interestreceivable of $20