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Presley Supply Co. has the following transactions related to notes receivable during the last two months of 2020. Dec. 16 Received a $4,000,6-month, 9% note

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Presley Supply Co. has the following transactions related to notes receivable during the last two months of 2020. Dec. 16 Received a $4,000,6-month, 9\% note in exchange for Jane Brock's outstanding accounts receivable. 31 Accrued interest revenue on all notes receivable. Journalize the transactions on Dec 16th and Dec 31st

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