These transactions took place for Renda Co. __(Journal entries)

These transactions took place for Renda Co.

2011

May 1 Received a $11,100, 1-year, 9% note in exchange for an outstanding account receivable from S. Dorsey.

Dec. 31 Accrued interest revenue on the S. Dorsey note.

2012

May 1 Received principal plus interest on the S. Dorsey note. (No interest has been accrued since December 31, 2011.)

May 1, 2011 ?

Notes receivable

Accts receivable ?

Dec 31, 2011

Interest recievable (?)

Interest revenue (?)

May 1, 2012

Cash ?

Notes Receivable ?

Interest Receivable (?)

Interest Revenue (?)

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