Use This Information to Answer the Following Question $\$ 25,000$

Use this information to answer the following question. The transactions below pertain to Broyer Company,whose fiscal year ends September 30.
Sept. 10 Received cash for a 90-day, 12 percent, $\$ 25,000$ note payable. Interest is in adclition to the face value.
30 Made end-of-year adjusting entry to accrue interest expense.
The entry to record the September 10 transaction (amounts rounded) is:

A)
$$\begin{array} { l c } \text { Cash } & 740 \\\text { Notes Payable } && 740 \end{array}$$
B)
$$\begin{array} { l l l } \text { Cash } & 24,260 \\\quad \text { Accounts receivable } & & 24,260\end{array}$$
C)
$$\begin{array} { l c } \text { Cash } & 24,260 \\\text { Notes Payable } &&24,260\end{array}$$
D)
$$\begin{array} { l r } \text { Cash } & 25,000 \\\quad \text { Notes Payable } && 25,000\end{array}$$