The "face amount" of a promissory note is: Select one: a. the maturity value. b. the amount the interest is calculated on. c. the amount due on the due date including interest. Question 2 Not yet answered Marked out of 1.00 p Flag question If we exchange an outstanding Accounts Receivable for a $10,000,60 day Note Receivable with a "maturity value" of $10,200 the routine journal entries would be: Select one: a. Debit Notes Receivable $10,000 and Credit Accounts Receivable $10,000 b. Debit Notes Receivable $10,200 and Credit Accounts Receivable $10,200 c. Debit Accounts Receivable $10,200 and Credit Notes Receivable $10,200 When we receive the payment for the above referenced debt the journal entries will be: Select one: a. Debit Cash $10,200; Credit Note Receivable $10,200 b. Debit Cash $10,200; Credit Note Receivable $10,000; Credit Interest Revenue $200 c. Debit Cash $10,200; Credit Accounts Receivable $10,000; Credit Interest Revenue $200 Question 4 Notyet answered Marked out of 1,00 P Flag question The "maturity value" af a $60,000 Note Receivable with a 120 day maturity and a 4% interest rate is: Select one: a. $60,800 b. $60,000 c. $62,400