On February 1, 2021, Sanger Corp. lends cash and accepts a $2,000 note receivable that offers 10% interest and is due in six months. What would Sanger record on August 1, 2021, when the borrower pays Sanger the correct amount owed?A.Cash2,000  Interest Revenue100    Notes Receivable 2,100B.Cash2,100    Notes Receivable 2,100C.Cash2,100    Interest Revenue 100   Notes Receivable 2,000D.Cash2,200    Notes Receivable 2,200

A. Option A
B. Option B
C. Option C
D. Option D


Answer: C

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