xercise 8-10 Elburn Supply Co. has the following transactions related to notes receivable during the last 2 months of 2017. The company does not make entries to score interest exceptat December 31 Nov. 1 Dec. 11 16 31 Loaned $14,400 cash to Manny Lopez on a 12-month, 10% note. Sold goods to Ralph Kremer, Inc., receiving a $31.500, 90-day, Note Received a $30,720, 180 day, 10% note in exchange for Joe Perett's outstanding accounts receivable Accrued interest revenue on all notes receivable Journalize the transactions for Elburn Supply Co. (Credit account tles are automatically indented when amount is entered. Do not calculation. Round answers to decimal places . 54,275. Record journal entre in the order presented in the problem.) dent manually. Use 360 days for Account Titles and Debit Credit Record the collection of the Lopez note at its maturity in 2018. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit