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Senada Custom Blinds accepted a 9 0 - day, 7 % notes receivable for $ 3 1 , 0 0 0 as payment for a

Senada Custom Blinds accepted a 90-day, 7% notes receivable for $31,000 as payment for a sale made to Blind Covers Company on November 10,2023. Senada has a December 31 year end. Prepare the journal entry to record accrued interest on December 31,2023.
Do not enter dollar signs or commas in the input boxes.
Round your answer to 2 decimal places.
Date Account Title and Explanation Debit Credit
Dec 31 Answer 1 Question 5
Interest Receivable
Answer 2 Question 5
307.40
Answer 3 Question 5
Interest Revenue
Answer 4 Question 5
To record accrued interest revenue

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