Miles Company had the following select receivable transactions.

2019

11/1 Loaned $24,000 cash to N. Jones on a 12-month, 8% note.

12/1 Made Miles Company credit card sales totaling $10,500. (There were no balances prior to December 1.)

12/15 Made Visa credit card sales totaling $14,800 (service charge fee 2%).

12/30 Collected $4,400 on Miles Company credit card sales.

12/31 Added finance charges of 1% to Miles Company credit card balance.

12/31 Accrued interest on N. Jones note.

2020

11/1 Received principal plus interest on N. Jones note. Instructions

Prepare journal entries to record the transactions above assuming Miles Company prepares adjusting entries once a year on December 31.