20182018 Sep.Sep.???1 Loaned $ 15 comma 000$15,000 cash to Bill McCabeBill McCabe on a? one-year, 1212?%...

20182018
Sep.Sep.???1		Loaned $ 15 comma 000$15,000 cash to Bill McCabeBill McCabe on a? one-year, 1212?% note.
Nov.Nov.???6		Sold goods to Fairway MastersFairway Masters?, receiving a? 90-day, 66?% note for $ 16 comma 000$16,000. Ignore Cost of Goods Sold.
3030		Made a single entry to accrue interest revenue on both notes.
??		Collected the maturity value of the Fairway MastersFairway Masters note.
20192019
Sep.Sep.???1		Collected the maturity value of the McCabeMcCabe note.

??: Collected the maturity value of the

Fairway MastersFairway Masters

note. Make sure to determine the missing maturity date. ?(Prepare a single compound journal entry. Use a

365365?-day

year for this interest?computation.)

Date	Accounts and Explanation	Debit	Credit

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