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Suppose Third Generation Bank engaged in the following transactions: ( i . ( Click the icon to view the transactions. ) number of months when

Suppose Third Generation Bank engaged in the following transactions:
(i.(Click the icon to view the transactions.) number of months when calculating interest.)
Begin with the transactions for 2016.
Apr. 1: Loaned $14,000 to Flat, Co. Received a two-month, 6% note.
\table[[Date,Accounts and Explanation,Debit,Credit],[2016],[Apr.1],[,,,],[L,,,]]
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Jun. 1: Collected the Flat note at maturity.
\table[[Date,,Accounts and Explanation,Debit],[2016,,,]]
Dec. 1: Loaned $11,000 to Wanda Company on a 90-day, 12% note.
\table[[Date,Accounts and Explanation,Debit,Credit],[2016,,,]]
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