Link Back to Chapter 4 (Closing Entries). Record the following selected transactions in the general journal of SAS Services. Explanations are not required. 20X4 Dec. 19 31 31 20X5 Feb. 17 June 1 Oct. 31 Dec. 1 30 Received a $3,000. 60-day, 12% note on account from Arnold Cohen. Made an adjusting entry to accrue interest on the Cohen note. Made a closing entry for interest revenue. Collected the maturity value of the Cohen note. Loaned $8,000 cash to Blues Brothers, receiving a 6-month. 11% note. Received a $1,500, 60-day, 12% note from Juan Juarez on his past-due account receivable. Collected the maturity value of the Blues Brothers note. Juan Juarez dishonored his note at maturity: wrote off the note receivable as uncollectible, debiting Allowance for Uncollectible Accounts.