Record the following transactions for Pro Line Communications Inc in the general journal

Record the following transactions for Pro Line Communications Inc in the general journalMay 30: Accepted a 60-day, 12% word for $11,000 from Photograph Grasp as cost on an accounts receivableMay 29: Acquired curiosity due on Photograph Grasp word. The word is renewed for 45 days at 13% interestMay 28: Acquired full cost of the Photograph Grasp notePrepare the general journal entries for American Diner for the following notes receivable transactions (assuming there are 28 days in February)Dec three: Bought merchandise to Brian Wang on account, $6,900Jan 2: Acquired a $6,900, 10%, 30-day word from Brian Wang in cost of accountFeb 1: Acquired $600, plus curiosity on January 2 word, and a brand new, 14% 60-day word for the remaining steadiness

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