$2021$

May $1$ Received a $$3,400,12-$month, $6\%$ note in exchange for an outstanding account receivable from $R.$ Stoney.

Dec. $31$ Accrued interest revenue on the R$.$ Stoney note.

$2022$

May $1$ Received principal plus interest on the R$.$ Stoney note. $($No interest has been accrued since December $31,2021.)$

Record the transactions in the general journal. The company does not make entries to accrue interest except at December $31.($Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.$)$

$\backslash$table$[[$Date$,$Account Titles and Explanation,Debit,Credit$],[,$Notes Receivable,,$],[,$Accounts Receivable,,$],[$ec$.31,2021vv,$Interest Receivable,,$],[$Interest Revenue,,$],[$Cash$,,],[$Interest Receivable,,$]]$