Notes receivable transactions L.O. P3 Following are selected transactions Deshawn Company for 2010 and 2011. Accepted a $10,000, 45-day, 8% note dated December 13 in grarting Latisha Clark a time extension on her past-due account receivable. Prepared an adjusting entry to record the accrued interest on the Clark note. Received Clark's payment for principal and interest on the note cared December 13 Accepted a $4.000. 10%, 90-day note dated March 3 in granting a time extension on the pastdue account receivable of Shandi Company Accepted a $2,000, 30-day, 9% note dated March 17 in granting Juan Torres a time extension on his past-due account receivable. Torres dishonors his note when presented for payment Wrote off the Torres account against the Allowance for Doubtful Accounts Received the Shandi payment for principal and interest on the note dated March 3 Prepare journal for the above transcations for 2011 .(Use a 360-day year for interest calculations. "S" sign in your response)