Entries for notes receivable, including year-end entries

Instructions The following selected transactions were completed by Zippy Do Co., a supplier of zippers for clothing: 2015 Received from Chicago Clothing & Bags Co., on account, a $33,000, 90-day, 6% note dated December 3. Recorded an adjusting entry for accrued interest on the note of December 3. Dec. 3 31 31 Recorded the dosing entry for interest revenue. 2016 Received payment of note and interest from Chicago Clothing & Bags Mar. 2 required, simply skip to the next transaction. Be sure to include the year when you enter the date in the journal. Refer to the Chart of Accounts for exact wording of account titles