. Post all three entries to the Interest Receivable account. You need not take the balance of the account at the end of each month. (Only complete the necessary input fields.) Interest Receivable Record the receipt of three months' interest at December 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) . Post all three entries to the Interest Receivable account. You need not take the balance of the account at the end of each month. (Only complete the necessary input fields.) Interest Receivable Record the receipt of three months' interest at December 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)