Question 18 (2 points) Jasper accepts a $25,000, 90-day, 8% note from Clayborn Co, as payment in a sales transaction. At maturity of the note Clayborn Co dishonored the note. Jasper's entry to record Clayborn's dishonoring of the note is: (Use 360 days a year.) Debit Accounts Receivable for $25,000; credit Notes Receivable $25,000. Debit Cash $25,500; credit Interest Revenue $500; credit Notes Receivable $25,000. Debit Accounts Receivable for $25,500; credit Interest Revenue for $500; credit Notes Receivable for O $25,000 O Debit Bad Debts Expense for $25,000; Credit Notes Receivable for $25,000, None of these answers are correct