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Question 8 Record the following transactions for Redeker Co. in the general journal. (Record journal entries in the order presented in the problem. Credit account

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Question 8 Record the following transactions for Redeker Co. in the general journal. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) May 1 Received a $42,750, 12 months, 12% note in exchange for Mark Chamber's outstanding accounts recevable. Dec. 31 Accrued interest on the Chamber note Dec. 31 Closed the interest revenue account. 2018 May 1 Received principal plus interest on the Chamber note. (No interest has been accrued in 2018.) Date Account Titles and Explanation Debit (To record accrued interest on note.) (T

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