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Entries for Notes Receivable, Including Year$-$End Entries

The following selected transactions were completed by Interlocking Devices Co$.,$ a supplier of zippers for clothing:

$20$Y$7$

Dec. $7.$ Received from Unitarian Clothing & Bags Co$.,$ on account, a $$75,000,60-$day, $3\%$ note dated December $7.$

$31.$ Recorded an adjusting entry for accrued interest on the note of December $7.$

$31.$ Recorded the closing entry for interest revenue.

$20$Y$8$

Feb. $5.$ Received payment of note and interest from Unitarian Clothing & Bags Co$.$

Journalize the entries to record the transactions. If an amount box does not require an entry, leave it blank. Assume $360$ days in a year.

$20$Y$7,$ Dec. $7$

Dec. $31$

Dec. $31$

$20$Y$8,$ Feb. $5$