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On October 1, 2019, ABC Company loaned A. Jenkins $9,000 at an annual interest rate...

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Accounting

On October 1, 2019, ABC Company loaned A. Jenkins $9,000 at an annual interest rate of 5% with a maturity date of April 1, 2020. On October 1, 2019, ABC Company will record __________.

A. a credit to Notes Payablelong A. Jenkins of $9,000

B. a debit to Notes ReceivableA. Jenkins of $9,450

C. no entry since the note is due on April 1, 2020

D. a debit to Notes Receivable A. Jenkins of $9,000

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