On November 1, Alice Co. accepted a 9Q..day, 6%, 2,000 note due January 30. On 12/31, the appropriate adjusting entry was made on 12/31

On November 1, Alice Co. accepted a 9Q..day, 6%, 2,000 note due January 30. On 12/31, the appropriate adjusting entry was made on 12/31. On January 30, the note was honored and paid in full. The entry to record receipt of payment on January 30 would include a credit to: (Check all that apply.)

Interest Receivable for $20.
Cash for $2,030.
Notes Receivable for $2,000
Interest Revenue for $30.
Interest Revenue for $20.
Interest Revenue for $10. 


DonCo, Inc. sold merchandise on January 14, and accepted a 90-day, 5% promissory note in the amount

of $5,000. On January 14, the entry to record this transaction would include a debit to:

Notes Receivable In the amount of $5,000
Sales in the amount of $5,000
Accounts Receivable In the amount of $5,000
Cash in the amount of $5,000


Kaiven Company accepted a $12,000, 60-day, 6% note on December 21 from Diaz Co, granting a time
extension on his past-due account receivable. The adjusting entry on December 31 would include a debit
to:

Interest Receivable for $120.
Interest Receivable for $20. 
Interest Revenue for $120.
Interest Revenue for $20.