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The following transactions took place for Parkell's Grocery. Jan. 1 Loaned $36,000 to a company...

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The following transactions took place for Parkell's Grocery. Jan. 1 Loaned $36,000 to a company cashier and received back a one-year, 9 percent note. June 30 Accrued interest on the note. Dec. 31 Receive Required: Prepare the journal entries that Parkell's Grocery would record for the above transactions. (If no entry is required for transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 1 Record the accrued interest on the note. Journal entry worksheet 4 Record the interest received on the loan. Note: Enter debits before credits. Record the principal received on the loan

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