- Your answer is partially correct Oriole Co. 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. Nov. 1 Loaned $54.600 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, 7% note. 16 Received a $14.400, 180-day, 6% note to settle an open account from A. Murdock. 31 Accrued interest revenue on all notes receivable. Journalize the transactions for Oriole Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Use 360 days for calculation.) Date Account Titles and Explanation Debit Credit Nov.1 Notes Recelvable 52,200 Cash 52,200 | Dec 11 Notes Receivable 200 Sales Revenue 1,800 | Dec 16 v Notes Receivable 4,800 Sales Revenue 4,800 Dec. 31 Interest Recelvable 657 Interest Revenue