Leek Company Receives a $12000 3-Month 5% Promissory Note from Rey

Leek Company receives a $12000 3-month 5% promissory note from Rey Company in settlement of an open accounts receivable. What entry will Leek Company make upon receiving the note? a.
$\begin{array}{lrr} \text { Notes Receivable} &12,150\\ \text { Accounts Receivable-Rey Company } &&12,150\\\end{array}$

b.
$\begin{array}{lrr} \text { Notes Receivable } &12,150\\ \text { Accounts Receivable-Rey Company } &&12,000\\ \text { Interest Revenue} &&150\end{array}$

c.
$\begin{array}{lrr} \text {Notes Receivable } &12,000\\ \text { Interest Revenue} &150\\ \text { Accounts Receivable-Rey Company } &&12,000\\ \text { Interest Revenue } &&150\end{array}$

d.
$\begin{array}{lrr} \text { Notes Receivable} &12,000\\ \text { Accounts Receivable-Rey Company } &&12,000\\\end{array}$