A Nine-Month Note Receivable @ 8% for $2500 Dated November $$\begin{array} { | l | l | l | l | } \hline \text { Cash } & & 2,500 & \\\hline & \text { Notes receivable } & & 2,500 \\\hline\end{array}$$

A nine-month note receivable @ 8% for $2500 dated November 1, 2009, has accrued interest revenue of $33.33 on December 31, 2009. The journal entry on November 1, 2009 would be:

A)
$$\begin{array} { | l | l | l | l | } \hline \text { Cash } & & 2,500 & \\\hline & \text { Notes receivable } & & 2,500 \\\hline\end{array}$$
B)
$$\begin{array} { | l | l | l | l | } \hline \text { Notes receivable } & & 33.33 & \\\hline & \text { Interest revenue } & & 33.33 \\\hline\end{array}$$
C) $$\begin{array} { | l | l | l | l | } \hline \text { Note receivable } & & 2,500 & \\\hline & \text { Sales revenue } & & 2,500 \\\hline\end{array}$$
D) $$\begin{array} { | l | l | l | l | } \hline \text { Note receivable } & & 2,533.33 & \\\hline & \text { Cash } & & 2,533.33 \\\hline\end{array}$$