The journal entry to issue a promissory note for a company lending $5,000 for one year at an annual interest rate of 10% would be: A. Debit Cash for $5,500, credit Notes Receivable for $5,000 and Interest Revenue for $500. B. Debit Cash for $5,000, credit Notes Receivable for $5,000. C. Debit Notes Receivable for $5,000, credit Cash for $5,000. D. no entry is needed. On August 14, Park Avenue Bank lent $290,000 to City Coffee Shop on a 75 day, 5% note. What is the maturity value of the note? (Use a 365 - day year. Do not round intermediate calculations, and round the final answer to the nearest dollar.) A. $290,000 B. $304,500 C. $292,979 OD. $293,021