The following transactions took place for Parkell's Grocery. Jan. 1 Loaned $32,000 to a company cashier and received back a one-year, 6 percent note. June 30 Dec. 31 Accrued interest on the note. Received interest and principal on the note. (No interest has been recorded since June 30.) Required: Prepare the journal entries that Parkell's Grocery would record for the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the issuance of loan. Date January 01 Note: Enter debits before credits. 4 General Journal Debit Credit

The following transactions took place for Parkell's Grocery. Jan. 1 Loaned $32,000 to a company cashier and received back a one-year, 6 percent note. June 30 Acerued intereat on the note. Dec. 31 Received interest and principal on the note. (No interest has been recorded Required: Prepare the journal entries that Parkell's Grocery would record for the above transactions. (If no entry is required transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Journal entry worksheet 4 Record the accrued interest on the note. Note: Enter debits before credits. Journal entry worksheet Record the interest received on the loan. Note: Enter debits before credits. Journal entry worksheet Record the principal received on the loan. Note: Enter debits before credits