BONUS EXERCISE FOR EXTRA POINTS (10p) Prepare journal entries to record the following transactions Company: entered into by Valente June 1 Received a $10,000, 12%, 1-year note from Doreen Borke as full payment on her account Nov. 5 Nov. 9 Dec. 31 old merchandise on account to Lyleen, Inc. for $12,000, terms 2/10, n/30 Lyleen, Inc. returned merchandise worth $500 Received payment in full from Lyleen, Inc. Accrued interest on Borke's note. June 1 Doreen Borke honored her promissory note by sending the face amount plus interest. No interest has been accrued in 2013