Your problem may be completed on Word, Excel, or may be handwritten. Your file will be uploaded here for grading. The problem must be submitted by the end of the test. Problem #1: Scott Distributors has the following transactions related to notes receivable during the last two months of the year. Dec. 1 Loaned $16,000 cash to E. Kramer on a 1-year, 6% note. 16 Sold goods to J. Bird, receiving a $4,800, 60-day, 7% note. 31 Accrued interest revenue on all notes receivable. Instructions Journalize the transactions for Scott Distributors. Upload Choose a File