Question: Current Attempt in Progress A company receives interest on a $83000, 6%, 5-year note receivable each April 1. At December 31, 2020, the following adjusting

Current Attempt in Progress A company receives interest on a $83000, 6%, 5-year note receivable each April 1. At December 31, 2020, the following adjusting entry was made to accrue interest receivable: Interest Receivable 3735 Interest Revenue 3735 Assuming that the company does use reversing entries, what entry should be made on April 1, 2021 when the annual interest payment is received

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