Exercise 7-22 Discounting a note receivable [LO7-8] Selkirk Company obtained a $35,000 note receivable from a cus on July 1, 2018. On February 28, 2018, Selkirk discounted the note at Unionville Bank. The bank's discount rate is 12%. tomer on January 1, 2018. The note, along with interest at 9%, is due Required: Prepare the journal entries required on February 28, 2018, to accrue interest and to record the discounting for Selkirk. Assume that the discounting is accounted for as a sale. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 Record the discounting of note receivable. wwwwwww