Pharoah Company's records provide the following information concerning certain account balances and changes in these account balances during the current year. Transaction information is missing from each item below.

Prepare the entry to record the missing information for each account.

Interest Receivable: Jan. 1 accrued, $3,110, Dec. 31 accrued, $1,810, recognized for the year, $48,300. Prepare the entry to record cash interest received. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Account Titles and Explanation	Debit	Credit