Question 6: (12 marks) The following selected transactions occurred for Ghost Inc. relating to a note receivable: May 1 Received an seven month, 3%, $12,000 note receivable from Skeleton Ltd. on account (in exchange for an account receivable balance). Interest is due at maturity. August 31 Ghost Inc.'s fiscal year end. November 30 Received the interest and principle from Skeleton Ltd. Required (parts a & b): a) Prepare the accounting entries required for the above dates and transactions. Assume Ghost Inc. records accruals annually at year end. If no entry is required please state no entry. May 1 August 31 November 30 b) Assume that Ghost Inc. records any accruals each month. Prepare the entry required relating to the note receivable on May 31 (you only have to do the May 31 entry)