Fourth Company Receives a Note from a Customer for a $15,000

Multiple Choice

Fourth Company receives a note from a customer for a $15,000 sale.On the date of sale,what journal entry did Fourth Company prepare? Ignore cost of goods sold.

A) debit Accounts Receivable for $15,000 and credit Sales Revenue for $15,000
B) debit Notes Receivable for $15,000 and credit Cash for $15,000
C) debit Notes Receivable for $15,000 and credit Sales Revenue for $15,000
D) debit Cash for $15,000 and credit Notes Receivable for $15,000