Pharoah Co. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31. Nov. 1 Loaned $55,200 cash to C. Bohr on a 12-month, 6% note. Dec. 11 Sold goods to K. R. Pine, Inc., receiving a $3,600, 90-day, 6% note. 16 Received a $16,800, 180-day, 11% note to settle an open account from A. Murdock. 31 Accrued interest revenue on all notes receivable. Date Account Titles and Explanation Debit Credit