On December 1, a company accepts a $36,000, 45-day, 10% note from a customer. a. Prepare the year-end adjusting entry to record accrued interest revenue on December 31. b. Prepare the entry required on the note's maturity date assuming it is honored. Note: Use 360 days a year. View transaction list Journal entry worksheet 1 2 Record the year-end adjusting entry to record accrued interest revenue on December 31. Note: Enter debits before credits. Date December 31 General Journal Debit Credit

On December 1 , a company accepts a $36,000,45-day, 10% note from a customer. a. Prepare the year-end adjusting entry to record accrued interest revenue on December 31 b. Prepare the entry required on the note's maturity date assuming it is honored. Note: Use 360 days a year. Journal entry worksheet Record the year-end adjusting entry to record accrued interest revenue on December 31 . Note: finter debith before credits