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Prepare journal entries to record the following transactions entered into by the Humber 2021 June 1 Received a $6,000, 8%, 1-year note from Sue Forest

Prepare journal entries to record the following transactions entered into by the Humber

2021
June 1 Received a $6,000, 8%, 1-year note from Sue Forest as full payment on her account.
Nov 1 Sold merchandise on account to Reeves, Inc. for $8,000, terms n/30.
Nov 5 Reeves, Inc. returned merchandise worth $1,000.
Nov 9 Received payment in full from Reeves, Inc.
Dec 31 Accrued interest on Forest's note.
2022
June 1 Sue Forest honoured her promissory note by sending the face amount plus interest. No interest has been accrued in 2002.

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