zippers for clothing:

20Y7
Dec. 7.	Received from Unitarian Clothing and Bags Co., on account, a $78,000, 60-day, 8% note dated December 7.
Dec. 31.	Recorded an adjusting entry for accrued interest on the note of December 7.
Dec. 31.	Recorded the closing entry for interest revenue.
20Y8
Feb. 5.	Received payment of note and interest from Unitarian Clothing & Bags Co.

Journalize the entries to record the transactions. Assume 360 days in a year. If an amount box does not require an entry, leave it blank. Assume February has 28 days in 2018

If required, round the interest to the nearest cent.

20Y7, Dec. 7	Notes Receivable
	Accounts Receivable-Unitarian Clothing and Bags Co.
Dec. 31	Interest Receivable
	Interest Revenue
Dec. 31	Interest Revenue
	Common Stock
20Y8, Feb. 5	Cash
	Notes Receivable
	Interest Receivable
	Interest Revenue