On December 1, Kon Corporation accepted a 120-day, 6%.87.300 ron receive from J. Brown in 1. Brown in eachange for account recevable Read the icon Requirement 1. Journaise the transaction on December 1 (Record debitar, encres Select the explanation on the time of the puma entry title) Date Accounts and Explanation Deb Credit Dec 1 Requirement 2. Journalce the adjusting entry needed on December 31 to conteret revenue. Round to the north facand det fint, then croon. Select option on the best te www For wat in days, uses 365-day year) Accounts and Explanation Dec 31 Date Debi Credit Requirement Journame the collection of the principal and interest at matuty Speal the date Round to the rest datar. (Recordsbifest, then select the option on the time of the journey to days, 365-day year Date Accounts and Explanation Det Crede On December 1, Kean Corporation accepted a 120-day, 6%, 7.300 not receivable from J. Brown in exchange for his account cevable Read the murements Requirement 2. Journalize the adjusting entry needed on December 31 to correst revenue Round to the newest coa (Recon destra, then credite Select the nation on the lastne of the journal entry for ated in due 365-day you) Date Accounts and Explanation Debit Credit Dec 31 Requirement 2. Soumaize the collection of the prope and treat at maturity. Speally the duo. Round to the nearest dollar, acordatis first, then credits telect the explanation on the last two of the pumal rey le Forum stated in daye day year Accounts and Explanation Date Debit Ceed