Complete journal entries:
Jan. 1 Accepted Kent's 90 days, 10% note, as settlement of an outstanding
$15,000 account receivable for goods sold last year
Jan. 29 Loaned Sam's. $30,000 cash, accepting a 90 days, 10% note
Jan. 31 Prepared accrual adjusting entry for any interest revenue
Mar. 25 Received payment in full from Kent's. for outstanding note & interest
May 1 Received payment in full from Sam's. for outstanding note & interest
Nov. 15 Paid ABC in full