Jax Recording Studio purchased $7,800 in electronic components from Music World. Jax signed a 60-day, 8% promissory note for $7,800. Music World's journal entry to record the sales transaction is:
a. Debit Accounts Receivable $7,800; credit Sales $7,800 0
b. Debit Accounts Receivable $7,904; credit Sales $7,904
c. Debit Notes Receivable $7,800, credit Sales $7,800
d. Debit Notes Receivable $7,904; credit Sales $7,904
e. Debit Notes Receivable $7,800, debit Interest Receivable $104; credit Sales $7,904
