2 40 points Print Following are transactions of The Barnett Company: 2023 Dec. 16 Dec. 31 Dec. 31 2024 Feb. 14 Mar. 2 Mar. 17 May 31 Accepted a $21,800, 60-day, 5% note dated this day in granting Carmel Karuthers a time extension on her past-due account. Made an adjusting entry to record the accrued interest on the Karuthers note. Closed the Interest income account. Received Karuthers' payment for the principal and interest on the note dated December 16. Accepted an $8,250, 4%, 90-day note dated this day in granting a time extension on the past-due account of ATW Company. Accepted a $3,450, 30-day, 4.5% note dated this day in granting Leroy Johnson a time extension on his past-due account Received ATW's payment for the principal and interest on the note dated March 2. Prepare journal entries to record The Barnett Company's transactions. (Assume 365 days in a year. Round your answers to 2 decimal places.)