Learning Objective 4 $9-11 Accruing interest revenue and recording collection of a note On December 1, Kyle Company accepted a 60 day, 9%, $12,000 note receivable from J Michael 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