eBook Show Me How Calculator Entries Tor NOtes Recevabie, IhCluding Year-Entd Entres The following selected transactions were completed by Fasteners Inc. Co., a suppllier of buttons and zippers for clothing: 20Y3 Received from McKenna Outer Wear Co., on account, a $96,000, 60-day, 3 % note dated November 21 in settlement of a past due Nov. 21 account. Recorded an adjusting entry for accrued interest on the note of November 21. Dec. 31 20Y4 Jan. 20. Received payment of note and interest from McKenna Outer Wear Co. Journalize the entries to record the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. Assume a 360-day year when calculating interest. Notes Receivable 96,000 20Y3, Nov. 21 Accounts Receivable-McKenna Outer Wear Co. 96,000 Interest Receivable Interest Revenue 72 X Dec. 31 72 X 96,480 Cash 20Y4, Jan. 20 96,480 X Notes Receivable 72 X Interest Recelvable 408 X Interest Revenue Next Previous 2 more Check My Work uses remaining. Check My Work Submit Assignment for Gradin Save and Exit All work saved