11. In 2019 JAR determined that a $350 receivable from Lucky's Lively Llamas was not collectible and wrote it if off using the allowance method in 2019. On Dec 31, 2020, JAR received a check from Lucky for $200 in partial payment of this previously written off account (See AR handout section underlined, how to record collection of previously written off receivable on page 2). L. 2 JAR borrowed $500,000 at 4% on 8/1/20 from BB&T specifically for the purpose of constructing the new warehosue. The loan was recorded on 8/1 but no interest has been accrued. Please accrue the interest appropriately on this loan as well as the notes in #3 and 4. Prior to recording the interest make sure to take into consideration the facts in #6 below regarding cosntruction of the new storage warehouse. You may round 2-5 to the nearest whole dollar. Items 2-6 may be done as one entry and labeled 2-6 on 8 adi entry sheet 3. On February 29, JAR signed a $100,000, 5 year, 6% note payable to Bank of America. No interest was accrued on this note yet