Journalize the transaction on Dec 1. 2. Journalize the adjusting entry needed on Dec 31 to accrue interest revenue. Round to the nearest dollar. 3. Journalize the collection of the principal and interest at maturity. Specify the date. Round to the nearest dollar.

Homework: 8.4 Videos and Exercises Save Score: 0 of 1 pt 2 of 3 (0 complete) HW Score: 25%, 1 of 4 pts SF8-11 (open response) Assigned Media Question Help On December 1, Kone Corporation accepted a 120-day, 3%, $36,500 note receivable from J. Brown in exchange for his account receivable. Requirements 1. Journalize the transaction on December 1. 2. Journalize the adjusting entry needed on December 31 to accrue interest revenue. Round to the nearest dollar. 3. Journalize the collection of the principal and interest at maturity. Specify the date. Round to the nearest dollar. Requirement 1. Journalize the transaction on December 1. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Check your spelling carefully and do not abbreviate except with respect to the debtor's name. When entering the debtor's name, enter the name exactly as it is presented in the problem data. For example: Notes Receivable-S. Johnson.) Date Accounts and Explanation Debit Credit Dec. 1 Choose from any list or enter any number in the input fields and then click Check Answer. 2 parts Clear All Check Answer remaining Type here to search a 2:21 AM 3/16/2021 2