2018 Jan. 3 Oct. 1 Recorded credit sales of $109,000. Ignore Cost of Goods Sold. Loaned $20,000 to John Pritchett, an executive with the company, on a one-year, 15% note. Accrued interest revenue on the Pritchett note. Dec. 31 2019 Oct. 1 Collected the maturity value of the Pritchett note Print Done