K The following selected transactions occurred during 2024 and 2025 for Caribbean Importers. The company ends its accounting year on April 30. i (Click the icon to view the transactions.) Journalize all required entries. Make sure to determine the missing maturity date. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Feb. 1: Loaned $20,000 cash to Britt Durant on a one-year, 8% note. Accounts and Explanation Date 2024 Feb. 1 Note Receivable-Britt Durant Cash 2024 Apr. 6 Debit Note Receivable-Fairway Masters Sales Revenue 20000 Accepted note in exchange for cash. Apr. 6: Sold goods to Fairway Masters, receiving a 90-day, 6% note for $12,000. Ignore Cost of Goods Sold. Date Accounts and Explanation Debit Credit 12000 20000 Credit This question: 10 point(s) possible 12000 Submit test Sold goods for a note. Apr. 30: Made a single entry to accrue interest revenue on both notes. (Use months for the one-year note interest computation and a 365-day year for the 90 day note interest computation. Round to cent) ing: 01:29:35

the neacest cent.) computation. Round to the nearest cent) (B) (Click the icen to view the fransisctions.) Fet. 1: Loaned $2,0,000 cash to Eritt Durant on a one-year, b\% note. Feb. 1: Collected the maturity value of the Durant note. (Prepare a single compound joumal entry. Uso months for thas infanest computatony) \begin{tabular}{|c|c|c|c|} \hline Date & Accounts and Explanation & Deblt & Crodit \\ \hline \multicolumn{4}{|l|}{2025} \\ \hline \multirow[t]{5}{*}{ Feb. 1} & Cash & & \\ \hline & Note Receivable-Britt Durant & & \\ \hline & Interest Receivable & & \\ \hline & Interest Revenue & & \\ \hline & Collected note receivable plus interest. & & \\ \hline \end{tabular}