cise 9-13 S receivable transactions. ck Dec. 31, Cr. Interest: Revenue $40 ercise 9-14 es receivable transactions. ock Jan. 27, Dr. Cash $10,100 June 1. Dr. Cash $4,100 Prepare journal entries for the following selected transactions of Deshawn Company for 2010. 2010 Dec. 13 Accepted a $10,000, 45-day, 8% note dated December 13 in granting Latisha Clark a time extension on her past-due account receivable. 31 Prepared an adjusting entry to record the accrued interest on the Clark note. Refer to the information in Exercise 9-13 and prepare the journal entries for the following selected transac tions of Deshawn Company for 2011. 2011 Jan. 27 Received Clark's payment for principal and interest on the note dated December 13. Mar. 3 Accepted a $4,000, 10%, 90-day note dated March 3 in granting a time extension on the past- due account receivable of Shandi Company. 17 Apr. 16 May June 1 Accepted a $2,000, 30-day, 9% note dated March 17 in granting Juan Torres a time extension on his past-due account receivable.. Torres dishonors his note when presented for payment. Wrote off the Torres account against the Allowance for Doubtful Accounts. Received the Shandi payment for principal and interest on the note dated March 3.