The following were selected from among the transactions completed by Hunter Co. during the current year. Hunter Co. sells and installs home and business security systems.
Jan. 15. Loaned $6,000 cash to Dan Hough, receiving a 90-day, 8% note.
Feb. 6. Sold merchandise on account to Kent and Son, $16,000. The cost of the merchandise sold was $9,000.
13. Sold merchandise on account to Centennial Co., $30,000. The cost of merchandise sold was $15,750.
Mar. 5. Accepted a 60-day, 6% note for $16,000 from Kent and Son on account.
14. Accepted a 60-day, 12% note for $30,000 from Centennial Co. on account.
Apr. 15. Received the interest due from Dan Hough and a new 90-day, 10% note as a renewal of the loan of January 15. (Record both the debit and the credit to the notes receivable account.) May 4. Received from Kent and Son the amount due on the note of March 5.
13. Centennial Co. dishonored its note dated March 14.
June 12. Received from Centennial Co. the amount owed on the dishonored note, plus interest for 30 days at 12% computed on the maturity value of the note.
July 14. Received from Dan Hough the amount due on his note of April 15.
Aug. 10. Sold merchandise on account to Conover Co., $10,000. The cost of the merchandise sold was $6,500.
20. Received from Conover Co. the amount of the invoice of August 10, less 1% discount.

Instructions
Journalize the transactions.