C Kevin is having financial problems. He has not been receiving funds from some accounts receivable according to the trading terms and also has not been paying some credit suppliers according to their trading terms. Interest is to be applied to accounts receivable and has been applied by accounts payable (rounded to the nearest dollar). You are required to show the appropriate journals for C Kevin.

Accounts receivable: interest of 15% p.a., C Bolenski $8000 for three months, W Ling $23 000 for four months and R Fleming $28 000 for four months.

Accounts payable: B Christoph $5500 for two months at 10% p.a. and J Burgess $9000 for three months at 12% p.a.