Record the following transactions for Amy Ice Co. in the general journal:
2008
May 1 Received a $12,000, one-year, 10 percent note on account from Rosa’s Hamburger.
Dec. 31 Accrued interest on the note.
Dec. 31 Closed the interest revenue account.
2009
May 1 Received principal plus interest on the note. (No interest has been accrued in 2009.)