Record the following transactions in the journal of Redmond Printing Supply, Inc. Explanations are not required. Use a 360-day year for interest computations and round to the nearest dollar.

2015

Dec 19 Received a $2,400, 60-day, 8% note on account from The CGS Publishing.

31 Made an adjusting entry to accrue interest on The CGS Publishing note.

2016

Feb 18 Collected the maturity value of The CGS Publishing note.

Jun 1 Loaned $2,000 cash to Century Publishing, receiving a six-month, 7% note.

Oct 31 Received a $3,500, 90-day, 10% note from Erickson Printing Service on its past-due account receivable.

Dec 1 Collected the maturity value of the Century Publishing note.

Dec31 Make an adjusting entry to accrue interest on the Erickson Printing Service note.