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.)

2017 May Dec. Dec. 2018 May 1 31 31 Received a $32,550, 12 months, 896 note in exchange for Mark Chamber's outstanding accounts receivable. Accrued interest on the Chamber note Closed the interest revenue account. 1 Received principal plus interest on the Chamber note. (No interest has been accrued in 2018.) Date Account Titles and Explanation Debit Credit May 1, 2017 325 Accounts Receivable 325 Dec. 31, 2017 Receivable Interest Revenue To record accrued interest on note.) May 1, 2018 To close the interest revenue account.) May 1, 2018 351 Notes Receivable 325 Interest Receivable Interest Revenue