Singletary Company had the following select transactions. Apr. 1, 2010 Accepted Wilson Company's 1-year, 12% note in settlement of a $20,000 account receivable. July 1, 2010 Loaned $25,000 cash to Richard Dent on a 9-month, 10% note. Dec. 31, 2010 Accrued interest on all notes receivable. Apr. 1, 2011 Received principal plus interest on the Wilson note. Apr. 1, 2011 Richard Dent dishonored its note; Singletary expects it will eventually collect. Instructions Prepare journal entries to record the transactions. Singletary prepares adjusting entries once a year on December 31