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Record the following transactions in the journal of Brown's Music, Inc. Explanations are not required. Use a 360-day year for interest computations and round to

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Record the following transactions in the journal of Brown's Music, Inc. Explanations are not required. Use a 360-day year for interest computations and round to the nearest dollar. Click the icon to view the transactions.) More info - 2017 Dec 2018 Feb Jun Oct 11 Received a $4,500, 60-day, 12% note on account from Concord Sounds. 31 Mado an adjusting entry to accrue interest on Concord Sounds note. 9 Collected the maturity value of Concord Sounds note. 1 Loaned $9,000 cash to Pop Music, receiving a six-month, 11% note. 31 Received a $1,500, 90-day, 14% note from Ying Yang Music on its past-due account receivable 1 Collected the maturity value of the Pop Music note. 31 Make an adjusting entry to accrue interest on the Ying Yang Music note. Enter Dec Dec Dec 11: Received a $4,500, 60-day, 12% note on account from Concord Sounds Journal Entry Date Accounts Debit Dec 11, 2017 Credit Dec 31: Made an adjusting entry to accrue interest on Concord Sounds note. (Use a 360-day year for your calculation, Enter amounts to the nearest dollar.) Journal Entry Date Accounts Debit Credit Dec 31, 2017 Feb 9: Collected the maturity value of Concord Sounds note. (Enter amounts to the nearest dollar) Journal Entry Date Accounts Debit Credit Feb 9, 2018 Jun 1: Loaned $9,000 cash to Pop Music, receiving a six-month, 11% note. Journal Entry Accounts Date Debit Credit Jun 1, 2018 Oct 31: Received a $1,500, 90-day, 14% note from Ying Yang Music on its past-due account receivable. Journal Entry Accounts Date Debit Credit Oct 31, 2018 Dec 1: Collected the maturity value of the Pop Music note. Journal Entry Date Accounts Debit Credit Dec 1, 2018 Dec 31: Make an adjusting entry to accrue interest on the Ying Yang Music note. (Use a 360-day year for your calculation. Enter amounts to the nearest dollar.) Journal Entry Date Accounts Debit Credit Dec 31, 2018

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