Marathon Running Shoes reports the following:
2012
May 4 Recorded Estate credit-card sales of $107,000, net of processor fee of 3%.
Sep 1 Loaned $17,000 to Jean Porter, an executive with the company, on a one-year, 15% note.
Dec 31 Accrued interest revenue on the Porter note.
2013
Sep 1 Collected the maturity value of the Porter note.
Requirement
1. Journalize all entries required for Marathon Running Shoes.