Question $1[30$ points$]$

Prepare journal entries to record ABC Inc.$\text{'}$s transactions.

Round all values to the nearest cent.

a$.$ November $10,2022$: ABC Inc. accepted a note from John Jarell for $$6,000,60-$day, $10\%$ dated this day granting a time extension on the past$-$due account.

b$.$ December $31,2022$: Made an adjusting entry to record the accrued interest on the John Jarell note.

c$.$ December $31,2022$: Closed the interest revenue account.

d$.$ January $9,2023$: Received John Jarell's payment for the principal and interest on the note dated November $10.$

e$.$ August $1,2023$: Accepted a $$2,200,60-$day, $9\%$ note dated this day in granting Andrew Martin a time extension on the past$-$due account.

f$.$ Determine the date that transaction $($e$)$ matures and record the entry to show the collection.

Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd$/$mmm $($i$.$e$.,$ January $15$ would be $\frac{15}{J}an).$