Harper Company Lends Hewell Company $40,000 on March 1, Accepting $\quad\quad\quad$

Harper Company lends Hewell Company $40,000 on March 1, accepting a four-month, 6% interest note. Harper Company prepares financial statements on March 31. What adjusting entry should be made before the financial statements can be prepared? a. Cash 200
$\quad\quad\quad$ Interest Revenue 200
b. Interest Receivable $\quad 800$
$\quad\quad\quad$ Interest Revenue $\quad 800$
c. Interest Receivable 200
$\quad\quad\quad$ Interest Revenue 200
d. Notes Receivable $\quad 40,000$
$\quad\quad\quad$ Cash 40,000