Winslow Corporation engaged in the following transaction involving promissory notes in 19x1 and 19x2. Journalize these transactions in the journal provided. Explanations are not needed. Winslow records adjusting entries monthly.

19x1

Sept. 1 - Sold land to Marge Bailey for $30,000. A 6 month, 10 percent note was received in exchange.

Nov. 1 - Received a 30 day, non-interest bearing note from Fred Hansen in settlement of his accounts recievable of $500.

Dec. 1 - Fred Hansen dishonored his note issued 30 days earlier.

Dec 31 - Recorded accrued interest for December on the note receivable from Marge Bailey.

19x2

March 1 - Recieved payment in full from Marge Bailey