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a ) On December 1 , Dew Distributor loaned $ 1 5 , 0 0 0 cash to K . Flood on a 1 -

a) On December 1, Dew Distributor loaned $15,000 cash to K. Flood on a 1-year, 6% note. Prepare the journal entry to record the loan.
b) On December 16, Dew Distributors sold goods to F. Kingsley, receiving a $4,800.60-day, 7% note. Prepare the journal entry for Dew Distributors. Prepare the journal entry to record the sale.
c) On December 31 Dew Distributors accrues interest revenue on the two notes receivable described in a) and b). Prepare the journal entry to record the interest.
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