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Dew Distributors has the following transactions related to notes receivable during the last two months of the year. Dec. 1 Loaned $15,000 cash to K.

Dew Distributors has the following transactions related to notes receivable during the last two months of the year. Dec. 1 Loaned $15,000 cash to K. Flood on a 1-year, 6% note. 16 31 Sold goods to F. Kingsley, receiving a $4,800, 60-day, 7% note. Accrued interest revenue on all notes receivable. Instructions Journalize the transactions for Dew Distributors. 5,000

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