EASTERN SUPPLY SELLS VARIETY OF MERCHANDISE TO RETAIL STORES ON ACCOUNT, BUT IT INSISTS THAT ANY CUSTOMER WHO FAILS TO PAY AN INVOICE WHEN DUE MUST REPLACE THIER ACCOUNT RECEIVABLE WITH AN INTEREST BEARING NOTE. I NEED TO PREPARE AN JOURNAL ENTRIE IN THE GENERAL JOURNAL FORM TO RECORD (1) THE RECIEPT OF THE NOTE ON SEPT 1 (WHICH IS 10% NOTE FOR 75,000 IN SETTLEMENT) (2) ADJUSTMENT FOR INTEREST ON DEC 31 (3) COLLECTION OF PRINCIPAL AND INTEREST ON JUNE 1. PROBLEM 7.6A ON PAGE 328