Consider the following transactions for Brown's Music.

$($Click the icon to view the transactions.$)$

Journalize all transactions for Brown's Music. Round all amounts to the nearest dollar. $($For notes stated in days, use a $365-$day year. Round your final answers to the nearest whole dollar. Record debits first, then credits. Exclude explanations from journal entries.$)$

Dec. $6$: Received a $$15,000,90-$day, $12\%$ note in settlement of an overdue accounts receivable from Free World Music.

$\backslash$table$[[$Date$,$Accounts,Debit,Credit$],[2024,,,],[$Dec$.6,,,],[,,,]]$

More info

$2024$

Dec. $6$

Received a $$15,000,90-$day, $12\%$ note in settlement of an overdue accounts receivable from Free World Music.

Dec. $31$

Made an adjusting entry to accrue interest on the Free World Music note.

Dec. $31$

Made a closing entry for interest revenue.

$2025$

Mar. $6$

Collected the maturity value of the Free World Music note

Jun. $30$

Loaned $$13,000$ cash to London Sounds, receiving a six$-$month, $16\%$ note.

Oct. $2$

Received a $$9,000,60-$day, $16\%$ note for a sale to Skip's Music. Ignore Cost of Goods Sold.

Dec. $1$

Skip's Music dishonored its note at maturity.

Dec. $1$

Wrote off the receivable associated with Skip's Music. $($Use the allowance method.$)$

Der

Dec. $30$

Collected the maturity value of the London Sounds note.

MacBookAir