Notes Receivable Entries The following data relate to notes receivable and interest for Owens Co., a financial services company. (All notes are dated as of the day they are received.) Assume 360 days in a year. Mar. 8. Received a $78,000, 7%, 60-day note on account. 31. Received a $15,600, 10%, 90-day note on account. May 7. Received $78,910 on note of March 8. 16. Received a $64,800, 9%, 90-day note on account. June 11. Received a $42,000, 12%, 30-day note on account. 29. Received $15,990 on note of March 31. July 26. Received $42,420 on note of June 11. Aug. 4. Received a $7,200, 8%, 30-day note on account. 14. Received $66,258 on note of May 16. Dec. 2. Received $7,248 on note of August 4. Required: Journalize the entries to record the transactions. For a compound transactions, if an amount box does not require an entry, leave it blank. Mar. 8 Mar. 31 May 7 111 I III I May 16 June 11 I II June 29 July 26 Aug. 4 Aug. 14 110 III IIII 110 Dec. 2