Question 2 Ayayai Ltd. had the following select transactions. May. 1, 2017 July 1, 2017 Dec. 31, 2017 Apr. 1, 2018 May 1, 2018 Accepted Crane plc's 12-month, 12% note in settlement of a 76,400 account receivable. Loaned 85,400 cash to Sam Howard on a 9-month, 10% note. Accrued interest on all notes receivable. Sam Howard dishonored its note; Ayayai expects it will eventually collect. Received principal plus interest on the Crane note. Prepare journal entries to record the transactions. Ayayai prepares adjusting entries once a year on December 31. (Record entries in the order displayed in the problem statement. Credit account are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit (To record interest accrued on Crane Company's note receivable.) (To record interest accrued on Sam Howard's note receivable.) By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor