Journal Entries (Accrued Interest Receivable)

At the end of the year, the following interest is earned, but not yet received.

Interest on $6,100, 60-day, 5.5% note (for 24 days)	$22.37
Interest on $8,100, 90-day, 6% note (for 12 days)	16.2
	$38.57

Record the adjusting entry in a general journal. Enter amounts to the nearest cent. If an amount box does not require an entry, leave it blank.

Page: 1

	DATE	ACCOUNT TITLE	DOC. NO.	POST. REF.	DEBIT	CREDIT
1	20-- Dec. 31						1
2							2
3							3