Consider the following transactions for TLC Company.

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

Joumalize all transactions for TLC Company. Round all amounts to the nearest dollar. $($For ng

explanations from journal entries.$)$

Dec. $6$: Received a $$15,000,90-$day, $5\%$ note in settlement of an overdue accounts receivable

Dec. $31$: Made an adjusting entry to accrue interest on the Concord Sounds note.

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$2024$

Dec. $6$

Dec. $31$

Received a $$15,000,90-$day, $5\%$ 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.

$2025$

Mar. $6$

Jun. $30$

Oct. $2$

Made a closing entry for interest revenue.

Dec. $1$

Dec. $1$

Collected the maturity value of the Concord Sounds note.

Loaned $$12,000$ cash to Main Street Music, receiving a six$-$month, $10\%$ note.

Received a $$3,000,60-$day, $10\%$ note for a sale to Rythm and Melody. Ignore Cost of Goods Sold.

Rythm and Melody dishonored its note at maturity.

Dec. $30$

Dec. $31$: Made a closing entry for interest revenue.