On March 1, Cents, Inc. lent $1,000 to an employee at a rate of 6% for 3 months. The entry to record the loan of $1,000 to its employee includes a:
A. debit to Cash of $1,000.
B. credit to Cash of $1,000.
C. credit to Interest Revenue of $15.
D. credit to Notes Receivable of $1,000.
E. debit to Interest Revenue of $15.
Answer: B
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