Journalize all transactions for Jo Jo Music.

Round all amounts to the nearest dollar. (For notes stated in days, use a 360-day year.) (Round your final answers to the nearest whole dollar. Record debits first, then credits. Exclude explanations from journal entries.)

Dec. 6 Received a $ 9,000, 90-day, 12%note in settlement of an overdue accounts receivable from Concord Sounds.

Date			Accounts and Explanation	Debit	Credit
2016
Dec. 6

Dec. 31: Made an adjusting entry to accrue interest on theConcord Sounds note.

Date			Accounts and Explanation	Debit	Credit
2016
Dec. 31

Dec. 31: Made a closing entry for interest revenue.

Date			Accounts and Explanation	Debit	Credit
2016
Dec. 31

Mar.6: Collected the maturity value of the Concord Sounds note. (Prepare a single compound journal entry.)

Date			Accounts and Explanation	Debit	Credit
2017
Mar. 6

Jun. 30: Loaned $ 11,000 cash to Main Street Music, receiving a six-month, 12% note.

Date			Accounts and Explanation	Debit	Credit
2017
Jun. 30

Oct. 2: Received a $ 9,000, 60-day,12% note for a sale to Salem Sounds.

Ignore Cost of Goods Sold.

Date			Accounts and Explanation	Debit	Credit
2017
Oct. 2

Dec. 1:Salem Sounds dishonored its note at maturity. (Prepare a single compound journal entry.)

Date			Accounts and Explanation	Debit	Credit
2017
Dec. 1

Dec. 1: Wrote off the receivable associated with Salem Sounds.

(Use the allowance method.)

Date			Accounts and Explanation	Debit	Credit
2017
Dec. 1

Dec. 30: Collected the maturity value of the Main Street Music note. (Prepare a single compound journal entry.)

Date			Accounts and Explanation	Debit	Credit
2017
Dec. 30