Following are transactions of the Purple Onion Company: 2019 Dec.16 Accepted a $13,000, 60-day, 5.5 % note dated this day in granting Hal Krueger a time extension on his past-due account. 31 31 Made an adjusting entry to record the accrued interest on the Krueger note. Closed the Interest income account. 2020 Feb.14 Mar. 2 Received Krueger's payment for the principal and interest on the note dated December 16. Accepted a $8,000, 3.75%, 90-day note dated this day in granting a time extension on the past-due account of ARC Company. 17 Accepted a $3,500, 30-day, 4% note dated this day in granting Penny Bobek a time extension on her past-due account. Apr.16 Bobek dishonoured her note when presented for payment. Required: a. Prepare journal entries to record the Purple Onion's transactions. (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places.)