E8.12 Supply Co. had these transactions related to notes receivable during the last 2 months of the year. The company only makes entries to accrue interest at Dec 31. Novo1 ... Loaned $60,000 cash to C. Bohr on a 12-month, 7% note. Dec11. Sold goods to Pine, Inc., receiving a $3,600, 90-day, 8% note. Dec16 ... Rec' a $12,000, 180-day, 9% note to settle an open acct recbl from A. Murdock. Dec31 ... Accrued interest revenue on all notes receivable. Show your calculations for each of the three customers to get the total amount of the interest revenue Instructions Journalize the transactions for Moses Supply Co. (Omit cost of goods sold entries.) Nov 01 Dec 11 Dec 16 Dec11 .. Sold goods to Pine, Inc., receiving a $3,600, 90-day, 8% note. Dec16 ... Rec' a $12,000, 180-day, 9% note to settle an open acct recbl from A. Murdock. Dec31 ... Accrued interest revenue on all notes receivable. Show your calculations for each of the three customers to get the total amount of the interest revenue Instructions Journalize the transactions for Moses Supply Co. (Omit cost of goods sold entries.) Nov 01 Dec 11 Dec 16 Dec 31 Show your interest revenue calculations for the last journal entry amount (below) Calculation of interest Annual "Times" days Interest Customer Principal interest or months amount Bohrs Note 60,000 7% 2/12 months Pine's Note 3,600 8% 20/365 days Murdocks Note 12,000 9% 15/365 days Total Interest Revenue for the Dec 31 entry (above) FYI: You can round UP your interest total OR leave it in dollars AND cents