On July 9, Mifflin Company receives a $8,900, 90-day, 12% note from customer Payton Summersas payment on account. What entry should be made on the maturity date assuming the maker pays in full? (Use 360 days a year.)A. Debit Cash $8,100; credit Notes Receivable $8,100.B. Debit Cash $8,262; credit Interest Revenue $162; credit Notes Receivable $8,100.C. Debit Cash $8,222; credit Interest Revenue $122; credit Notes Receivable $8,100.D. Debit Cash $8,208; credit Interest Revenue $108; credit Notes Receivable $8,100.E. Debit Notes Receivable $8,100; debit Interest Receivable $162; credit Sales $8,262.

Answer and Explanation:

The journal entry is shown below:

Cash Dr $8,633

       To Interest revenue ($8,900 × 90 days ÷ 360 days × 12%) $267

       To Notes receivable $8,900

(Being the cash is received)

For recording this we debited the cash as it increased the assets and credited the interest revenue as it also increased the revenue and decreased the asset so the note receivable account is credited

this is the answer but the same is not provided in the options

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'