Record the following transactions for Kingbird, Inc. in the general journal. (Credit account titles are automatically inden manually. Record journal entries in the order presented in the problem.) 1 2019 May Dec. Dec. 2020 May 31 31 Received a $26,250, 12-months, 8% note in exchange for Mark Chamber's outstanding accounts receivable: Accrued interest on the Chamber note. Closed the interest revenue account. 1 Received principal plus interest on the Chamber note. (No interest has been accrued in 2020.) Date Account Titles and Explanation Debit Credit May 1, 2019 Notes Receivable 26250 Accounts Receivable 26250 Dec. 31, 2019 Interest Receivable 1750 x 1750 Interest Revenue (To record accrued interest on note.) 875 Dec. 31, 2019 Interest Revenue x 875 Income Summary us.com/edugen/student/mainfr.uni o D x Interest Revenue 1750 (To record accrued interest on note.) Dec. 31, 2019 Interest Revenue 875 x Income Summary 875 (To close the interest revenue account.) May 1, 2020 Cash I 28875 Cash X Interest Receivable 1750 X 1050 Interest Revenue 26250 Notes Receivable