M8-12 Recording Note Receivable Transactions [LO 8-3] 2 RecRoom Equipment Company received an $13,200, six-month, 7 percent note to settle an $13,200 unpaid balance owed by a customer 2 points a The note is accepted by RecRoom on November 1 causing the company to increase its Notes Receivable and decrease its Accounts Receivable b RecRoom adjusts its records for interest earned to its December 31 year-end c RecRoom receives the interest on the note's maturity date d RecRoom receives the principal on the note's maturity date red for a transection/event, select "No elook Prepare journal entries to record the above transactions for RecRoom (If no entry is requ Journal Entry Required" in the first account field. Do not round intermediote calculations) Pint View transaction list Journal entry worksheet Racord the receipt of a note on November 1 for $13.200 to settle an outstanding accounts receivable balance of a customer. Debit Credit Nov 01 Receed enby Clear entsy View general journal