Malone Supply Co. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31.

Nov. 1	Loaned $60,000 cash to B. Carr on a 12-month, 7% note.
Dec. 11	Sold goods to R. P. Kiner, Inc., receiving a $3,600, 90-day, 8% note.
16	Received a $12,000, 180-day, 9% note to settle an open account from M. Adcock.
31	Accrued interest revenue on all notes receivable.

Instructions

Journalize the transactions for Malone Supply Co. (Omit cost of goods sold entries.)