Entries for notes receivable, including year-end entries Obj. 6 The following selected transactions were completed by Interlocking

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Entries for notes receivable, including year-end entries Obj. 6 The following selected transactions were completed by Interlocking Devices Co., a supplier of zippers for clothing:

Dec. 7. Received from Unitarian Clothing & Bags Co., on account, a $75,000, 60-day, 3% note dated December 7.

31. Recorded an adjusting entry for accrued interest on the note of December 7.

31. Recorded the closing entry for interest revenue.

Feb. 5. Received payment of note and interest from Unitarian Clothing & Bags Co.

Journalize the entries to record the transactions.

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