141. Vincent Company accepted a month, 7% promissory note from a customer, Graves Company, on September 1, 2016, in exchange for $24,000 of services that Vincent performed. Prepare general journal...

141. Vincent Company accepted a month, 7% promissory note from a customer, Graves Company, on September 1, 2016, in exchange for $24,000 of services that Vincent performed. Prepare general journal entries for the following:
a) acceptance of the note on September 1, 2016
b) accrual of interest on December 31, 2016
c) collection of principal and interest on August 31, 2017

142. Geary, Inc. had the following sales during 2016: