MonValley Lodge, owned by Bob Palmer, had the following account balances, in random order, on December $15,2023($all accounts have their "normal" balances$)$:

$($Click the icon to view the account balances.$)$

The following events also took place during the final weeks of the year.

$($i$)($Click on the icon to view the events.$)$

Required

Where appropriate, record each transaction from December $17$ to $29$ in the journal. Include an explanation for each entry.

Post entries in T$-$accounts and calculate the balance of each one.

Prepare the unadjusted trial balance of MonValley Lodge at December $31,2023.$

Requirement $1.$ Where appropriate, record each transaction from December $16$ to $29$ in the journal. Include an explanation for each entry.

debits first, and then credits. Select the explanation on the last line of the journal entry table.$)$

December $18$: Collected a $$22,000$ note owed to MonValley and collected interest of $$2,600$ cash.