Elburn Supply Co. has the following transactions related to notes receivable during the last 2 months of 2022. The company does not make entries to accrue interest except at December 31. Nov. 1 Dec. 11 16 31 Loaned $30,000 cash to Manny Lopez on a 12 month, 10% note. Sold goods to Ralph Kremer, Inc., receiving a $6,750, 90-day, 8% note. Received a $4,000, 180 day, 9% note to settle an open account from Joe Fernetti. Accrued interest revenue on all notes receivable.

Elburn Supply Ca, has the following transactions related to notes receivable during the last 2 months of 2022 . The company does not: make entries to accrue interest except at December 31. Nov. 1 Loaned $30,000 cash to Manny Lopez on a 12 month, 10% note. Dec. 11 Sold goods to Ralph Kremer, Inc, receiving a \$6,750, 90-day, 8% note. 16 Received a $4,000,180 day, 9% note to settle an open account from Joc Fernetti. 31 Accrued interest revenue on all notes receivable. Record the collection of the Lopez note at itsmaturity in 2023 . (Cecdit account tifies are automatically indeated when amount is entered: Do not indent manually.)