Consider the following transactions for Rural Beginnings. (Click the icon to view the transactions.) Dec. 6: Received a $40,000,90-day, 12% note in settlement of an overdue accounts receivable from Concord Sounds. Dec. 31: Made an adjusting entry to accrue interest on the Concord Sounds note. Dec. 31: Made a closing entry for interest revenue. un. 30: Loaned $12,000 cash to London Sounds, receiving a six-month, 18% note. Dec. 1: Ying Yang Music dishonored its note at maturity. (Prepare a single compound journal entry.) Dec. 1: Wrote off the receivable associated with Ying Yang Music. (Use the allowance method.) Dec. 30: Collected the maturity value of the London Sounds note. (Prepare a single compound journal entry.)