Journalize the following transactions of Upton Drugs:
Mar. 1 Received a 90-day, 10% note for $36,000, dated March 1, from Burke Co. on account.
May 30 The note of March 1 was dishonored.
Dec. 11 Accepted $33,000 in full settlement of the amount owed on the note dishonored on May 30. Do not record any additional accrued interest.