Waterway Company lends Carla Vista Company $10200 on April 1, accepting a four-month, 4% interest note. Waterway Company prepares financial statements on April 30. What adjusting entry should be made before the financial statements can be prepared? Interest Receivable Interest Revenue Note Receivable Cash Cash Interest Revenue Interest Receivable Interest Revenue 136 10200 34 34 136 10200 34 34

Waterway Company lends Carla Vista Company $10200 on April 1, accepting a four-month, 4% interest note. Waterway Company prepares financial statements on April 30 . What adjusting entry should be made before the financial statements can be prepared