Thread: Journalize notes receivable, dishonored notes, accrued interest?

Journalize all transactions Round to nearest dollar.

2011
Dec 6- Received a $5,000, 60 day, 9% note on account from Hey There Music
31- Made an adjusting entry to accrue interest on the Hey There Music note
31-Made a closing entry for interest revenue

2012
Feb 4 Collected the maturity value of the Hey There Music note

Jul 1 Loaned $15,000 cash to Pop Music, receiving a 6-month, 8% note.
Oct 2 Received a $2,000, 60 DAY, 8% NOTE FOR A SALE TO uNION mUSIC. Ignore cost of goods sold.
Dec 1 Union Music dishonored their note at maturity; wrote off the note as uncollectible, debiting Allowance for uncollectible notes.
30 Collected the maturity value of the Pop music note.

I put a WordPress blog on my website a few days ago, and I was just curious about how it works. So I just want to know if all the posts are saved into a single file or if they are separate for each post. Then I also want to know where they can be found on my server. Thanks.