Cahegg study order confirm Kimmel, Financial Accounting, 8e Assignment Gradebook ORION ment Exercise 8-11 These transactions took place for crane Company 2016 May 1 Received a s6,900, 12-month, 7% note in exchange for an outstanding account receivable from R stoney Dec. 31 Accrued interest revenue on the R. Stoney note. 2017 May 1 Received principal plus interest on the R. Stoney note. (No interest has been accrued since December 31, 2016.) Record the transactions in the general journal. The company does not acorue interest except December 31 (Credir account titles are aeroma katriedenred "nenamawar De aer at indent manually. Record journal entries in the order presented in the problem.) Titles and May 2016 M Notes Receivable onco Dec. 31, 2016 nterest Receivable ow LIST on AccouNTs