On November 1, Orpheum Company accepted a $10,000, 90-day, 8% note from a customer settle an account. What entry should be made on the November 1 to record the note acceptance?
A- Debit Note Receivable $10,000; credit Cash $10,000.
B- Debit Note Receivable $10,000; credit Accounts Receivable $10,000.
C- Debit Note Receivable $10,000; credit Sales $10,000.
D- Debit Cash $10,000; credit Sales $10,000.
E- Debit Sales $10,000; credit Accounts Receivable $10,000.