Entries for Notes Receivable, Including Year-End Entries Recorded an adjusting entry for accrued interest on the note of December 7. The following selected transactions were completed by Interlocking Devices Co., a supplier of zippers for clothing: 2017 Dec. 7. Dec. 31. Received from Unitarian Clothing and Bags Co., on account, a $72,000, 60-day, 9% note dated December 7. Dec. 31. 20Y8 Recorded the closing entry for interest revenue. Feb. 5. Received payment of note and interest from Unitarian Clothing & Bags Co. Journalize the entries to record the transactions. Assume 360 days in a year. If an amount box does not require an entry, leave it blank. Assume February has 28 days in 2018 If required, round the interest to the nearest cent. 20Y7, Dec. 7 Notes Receivable 72,000 Accounts Receivable-Unitarian Clothing and Bags Co. 72,000 Dec. 31 Interest Receivable Interest Revenue Dec. 31 Interest Revenue Retained Earnings 20Y8, Feb. 5 Cash Notes Receivable Interest Receivable Interest Revenue 432 432 432 432 73,112 X 72,000 432 680