Following are transactions of Leduc Company:

2020

Dec. 11 Accepted a $22,000, 6%, 60-day note dated this day in granting Fred Calhoun a time extension on his past-due account.

31 Made an adjusting entry to record the accrued interest on the Fred Calhoun note.

31 Closed the Interest income account.

2018

Jan. 10 Discounted the Fred Calhoun note at the bank at 7%.

Feb. 10 The Fred Calhoun note was dishonoured. Paid the bank the maturity value of the note plus a $30 fee.

Mar. 5 Accepted a $11,500, 5.5%, 60-day note dated this day in granting a time extension on the past-due account of Donna Reed.

29 Discounted the Donna Reed note at the bank at 7.5%.

May 7 The Donna Reed note had been received by the bank and paid by Donna Reed.

June 9 Accepted a $13,750, 60-day, 5% note dated this day in granting a time extension on the past-due account of Jack Miller.

Aug. 8 Received payment of the maturity value of the Jack Miller note.

11 Accepted an $15,000, 60-day, 5% note dated this day in granting Roger Addison a time extension on his past-due account.

31 Discounted the Roger Addison note at the bank at 6.5%.

Oct. 12 The Roger Addison note was dishonoured. Paid the bank the maturity value of the note plus a $30 fee.

Nov. 19 Received payment from Roger Addison of the maturity value of his dishonoured note, the fee, and interest on both for 40 days beyond maturity at 5%.

Dec. 23 Wrote off the Fred Calhoun account against Allowance for Doubtful Accounts.

Required:

Prepare General Journal entries to record the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Use 365 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places.)