Question: Help me The journal entry to issue a promissory note for a company lending $1,000 for one year at an annual interest rate of 10%

Help me The journal entry to issue a promissory note for

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The journal entry to issue a promissory note for a company lending $1,000 for one year at an annual interest rate of 10% would be: A. Debit Cash for $1,100, credit Notes Receivable for $1,000 and Interest Revenue for $100. B. Debit Cash for $1,000, credit Notes Receivable for $1,000. C. Debit Notes Receivable for $1,000, credit Cash for $1,000. D. no entry is needed

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