Question: Question 12 3.33 pts A $6,000, 60-day, 12% note recorded on November 21 is not paid by the maker at maturity. The journal entry to

Question 12 3.33 pts A $6,000, 60-day, 12% note recorded on November 21 is not paid by the maker at maturity. The journal entry to recognize this event is debit Accounts Receivable, $6,120; credit Notes Receivable, $6,000; credit Interest Revenue, $120 debit Notes Receivable, $6,060; credit Accounts Receivable, $6,060 debit Cash, $6,120; credit Notes Receivable, 56,120 debit Notes Receivable, 56,120; credit Accounts Receivable, S6,000; credit Interest Receivable, S120

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