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Whispering Supply Co. has the following transactions related to notes receivable during the last 2...

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Accounting

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Whispering Supply Co. has the following transactions related to notes receivable during the last 2 months of 2022. Nov.1 Loaned $19,600 cash to Soozie Takham on a 1-year, 10% note. Dec. 11 Sold goods to Joe Trater, Inc., receiving a \$8,775, 90-day, 8\% note. Dec. 16 Received a \$5,880, 6-month, 9% note in exchange for Boba Fett's outstanding accounts receivable. Dec.31 Accrued interest revenue on all notes receivable. Record the collection of the Takham note at its maturity in 2023. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)

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