. X Company loans $10,000 to customer Gerald on March 1st, 2014. The loan and interest are all due in one year with an interest rate of 6%. X closes its book at the end of every month. X's entry on March 31st related to this loan will include: 1. Debit to Interest Receivable for $600. 2. Debit to Interest Expense for $600. . 3. Credit to Interest Revenue for $50. 4. Debit to Cash for $50. 5. Both c and d are correct. . . 1 N 3 4 O 5