On October 2, 2009, Allen Jewelry Company Accepted a 120-Day

On October 2, 2009, Allen Jewelry Company accepted a 120-day, 10% note for $2,400 in settlement of an overdue account receivable. What is the journal entry to record the acceptance of the note?

A)
$$\begin{array} { | l | l | l | l | } \hline \text { Notes receivable } & & 2,400 & \\\hline & \text { Accounts receivable } & & 2,400 \\\hline\end{array}$$ 2,400
B)
$$\begin{array} { | l | l | l | l | } \hline \text { Notes receivable } & & 2,400 & \\\hline & \text { Cash } & & 2,400 \\\hline\end{array}$$
C)
$$\begin{array} { | l | l | l | l | } \hline \text { Notes receivable } & & 2,400 & \\\hline & \text { Sales revenue } & & 2,400 \\\hline\end{array}$$
D) None of the above