These transactions took place for Sandhill Co. 2024 May 1 Received a $3,600, 12-month, 7% note in exchange for an outstanding account receivable from R. Stoney. Dec. 31 Accrued interest revenue on the R. Stoney note. 2025 May 1 Received principal plus interest on the R. Stoney note. (No interest has been accrued since December 31, 2024.) Record the transactions in the general journal. The company does not make entries to accrue interest except at December 31. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit

These transactions took place for Sandhill Co. 2024 May 1 Received a $3,600,12-month, 7% note in exchange for an outstanding account receivable from R. Stoney. Dec. 31 Accrued interest revenue on the R. Stoney note. 2025 May 1 Received principal plus interest on the R. Stoney note. (No interest has been accrued since December 31, 2024) Record the transactions in the general journal. The company does not make entries to accrue interest except at December 31 . Rist all debit entries before credit entries. Credit account titles are automotically indented when amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem. If no entry is required, select "No Entry" for the occount fitles and enter ofor the omountel