Oriole Company has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31. (Omit cost of goods sold entries.) Nov. 1 Loaned $52,200 cash to C. Bohr on a 12-month, 7% note.
Dec. 11 Sold goods to K. R. Pine, Inc., receiving a $1,800, 90-day, 8% note.
Dec. 16 Received a $4,800, 180-day, 10% note to settle an open account from A. Murdock.
Dec. 31 Accrued interest revenue on all notes receivable. Journalize the transactions for Crane Company
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