On January 15, 2015, Craig Company Received a Two-Month, 9 $\begin{array}{lrr} \text { Accounts Receivable-W. Pentel } &9,000\\ \text { Notes Recelvable } &&9,000\\\end{array}$

On January 15, 2015, Craig Company received a two-month, 9%, $9,000 note from William Pentel for the settlement of his open account. The entry by Craig Company on March 15, 2015 if Pentel dishonors the note and collection is expected is: a.
$\begin{array}{lrr} \text { Accounts Receivable-W. Pentel } &9,000\\ \text { Notes Recelvable } &&9,000\\\end{array}$

b.
$\begin{array}{lrr} \text {Accounts Receivable-W. Pentel } &9,135\\ \text { Notes Recelvable } &&9,000\\\text { interest Revenue } &&135\end{array}$

c.
$\begin{array}{lrr} \text { Accounts Receivable-W. Pentel } &8,865\\ \text {interest Revenue } &135\\\text { Notes Recelvable} &&9,000\end{array}$

d.
$\begin{array}{lrr} \text {Bad Debt Expense } &9,135\\ \text {Notes Recelvable } &&9,135\\\end{array}$