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Your answer is partially correct. These transactions took place for Crane Company 2021 M. 1 Received a $ 6.900, 12-month, 7% note in exchange for

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Your answer is partially correct. These transactions took place for Crane Company 2021 M. 1 Received a $ 6.900, 12-month, 7% note in exchange for an outstanding account receivable from R. Stoney. Accrued interest revenue on the Stoney note Dec 31 2022 May 1 Received principal plos interest on the R. Stoney note. No interest has been accrued since December 31.2021) Record the transaction in the general journal. The company does not make entries to accre interest except at December 31 Credit account titles are automatically indented when count is entered. Do not indent manually Record journal entries in the order presented in the problem Date Account Titles and Explanation Debit Credit Notes le 00 account titles are automatically indented when amount is entered. Do not Indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Tay 1 2021 Notes Receivable 6900 Accounts Receivable 6900 ec 31, 2021 Interest Receivable 308 Interest Revenue 308 a 1.2022 Cash 7367 Not Receivable 6900 Interest Receivable 301 161

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