2. Sargeant Supply Co. has the following transactions related to notes receivable during the last 2 months of z2017, Nov 1 Loaned $20,000 cash to Mary Hawkins on a 1-year, 12% note. Dec. 11 Sold goods to Eminem, Inc., receiving a $9,000. 90-day, 89% note. 16 Received an $8,000, 6-month, >*o note in exchange for Rick DeLongs outstanding accounts receivable. 31 Accrued interest revenue on all notes receivable. Instructions (a) Journalize the transactions for Sangeant Supply Co. (6) Recond the collection of the Hawkins note at its maturity in 2018.

2. Sargeant Supply Co. has the following transactions related to notes receivable during the last 2 months of 2017. Nov. 1 Loaned $20,000 cash to Mary Hawkins on a 1-year, 12% note. Dec. 11 Sold goods to Eminem, Inc., receiving a $9,000.90-day, 8% note. 16 Received a $8,000, 6-month, 9% note in exchange for Rick DeLong's outstanding accounts receivable. 31 Accrued interest revenue on all notes receivable. Instructions (a) Journalize the transactions for Sargeant Supply Co. (b) Record the collection of the Hawkins note at its maturity in 2018