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Waterway Company receives a $34000, 3-month, 8% promissory note from Bramble Company in settlement of an open accounts receivable. What entry will Waterway Company make

Waterway Company receives a $34000, 3-month, 8% promissory note from Bramble Company in settlement of an open accounts receivable. What entry will Waterway Company make upon receiving the note? Notes Receivable Accounts Receivable-Bramble Company Notes Receivable Interest Receivable Accounts Receivable-Bramble Company Interest Revenue Notes Receivable Accounts Receivable-Bramble Company Notes Receivable Accounts Receivable-Bramble Company Interest Revenue 34680 34680 34000 680 34000 680 34000 34000 34680 34000 680

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