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Windsor, Inc. lends Nash's Trading Post, LLC $43200 on August 1, 2017, accepting a 9-month, 6% interest note. If Windsor, Inc. accrued interest at its
Windsor, Inc. lends Nash's Trading Post, LLC $43200 on August 1, 2017, accepting a 9-month, 6% interest note. If Windsor, Inc. accrued interest at its December 31, 2017 year- end, what entry must it make to record the collection of the note and interest at its maturity date? Cash 45144 Notes Receivable 45144 Notes Receivable 43200 Interest Receivable 1080 Interest Revenue 864 Cash 45144 Cash 45144 Notes Receivable 43200 Interest Receivable 1080 Interest Revenue 864 Cash 45144 Notes Receivable 43200 1944 Interest Revenue
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