Relaxing Recliner Chairs completed the following selected transa

2011
Dec 6	Received a $7,000, 90-day, 12% note on account from Dark Star Music.
31	Made an adjusting entry to accrue interest on the Dark Star Music note.
31	Made a closing entry for interest revenue.

2012
Mar 4	Collected the maturity value of the Dark Star Music note.
Jun 30	Loaned $11,000 cash to Love Joy Music, receiving a six-month, 11% note.
Oct 2	Received a $2,400, 60-day, 11% note for a sale to Voice Publishing. Ignore cost of goods sold.

Dec 1	Voice Publishing dishonored its note at maturity; wrote off the note as
	uncollectible, debiting Allowance for uncollectible accounts.
30	Collected the maturity value of the Love Joy Music note . Relaxing Recliner Chairs completed the following selected transa




Requirements
1.	Journalize all transactions for Jo Jo Music. Round all amounts to the nearest
	dollar. (For notes stated in days, use a 360-day year.)

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