Requirement 1. Journalize all transactions for Rural BeginningsRuralBeginnings. Round all amounts to the nearest dollar. (For notes stated indays, use a360-day year.)

20112011
Dec.	66		Received a $7,000, 60-day, 66% note on account from Dark Star MusicDarkStarMusic.
	31		Made an adjusting entry to accrue interest on the Dark Star MusicDarkStarMusic note.
	31		Made a closing entry for interest revenue.
20122012
Feb	4		Collected the maturity value of the Dark Star MusicDarkStarMusic note.
Jul.	1		Loaned $14,000 cash to Pop MusicPopMusic, receiving a 6-month, 5% note.
Oct.	2		Received a $2,600, 60-day, 5% note for a sale to Voice PublishingVoicePublishing. Ignore cost of goods sold.
Dec.	1		Voice PublishingVoicePublishing dishonored their note atmaturity; wrote off the note asuncollectible, debiting Allowance for uncollectible notes.
	30		Collected the maturity value of the Pop MusicPopMusicnote