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selected transactions were completed by Fasteners Inc. Co, a suppler of butons and oppers for 20Y3 21. Received from Mckenna Outer Wear Co., on account,

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selected transactions were completed by Fasteners Inc. Co, a suppler of butons and oppers for 20Y3 21. Received from Mckenna Outer Wear Co., on account, a $66.000, 60-day, 8% note dated Noventer 21 on due account. Recorded an adjustin setti-t Dec. 20Y4 Jan. 20. 31. g entry for accrued interest on the note of November 21. Received payment of note and interest from McKenna Outer Wear Co. Journalize the entries to record the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. Assume a 360-day year when calculating interest. Round answers to the nearest dollar amount. Notes Receivable 66,000 20Y3, Nov. 21 66,000 Accounts Recelvable-McKenna Outer Wear Co. Dec. 31 20Y4, Jan. 20

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