Prepare journal entries to record the following transactions entered into by Yellow Bird Corporation:

$2023$

June $1$ Received a $$9,000,4\%,$ one$-$year note from Kim Sharp as full payment on her account. Interest is due at maturity.

Nov. $1$ Sold merchandise on account to Henrik Inc. for $$7,000,$ terms n$/30.$ The cost of the merchandise was $$5,950.$ Yellow Bird has an estimated return rate of $10\%,$ and uses a perpetual inventory system.

$5$ Henrik Inc. returned unopened merchandise that it had paid $$2,000$ for, which had cost Yellow Bird $$1,700.$ The inventory was returned to the store shelves.

$9$ Received payment in full from Henrik Inc.

Dec. $31$ Accrued interest on Sharp$$s note.

$2024$

June $1$ Kim Sharp honoured her promissory note by sending the principal amount plus interest. No interest has been accrued in $2024.$

Be sure to use correct format for journal entries. Show calculations to receive marks.