Assume that Ralston Purina, manufacturer of pet foods, completed the following selected transactions:

\(19 \times 5\)

Nov, 1 Sold goods to Winn Dixie, Inc., receiving a \$24,000, three-month, 12-percent note.

Dec. 31 Made an adjusting entry to accrue interest on the Winn Dixie note.

31 Made an adjusting entry to record doubtful-account expense based on an aging of accounts receivable. The aging analysis indicates that \(\$ 197,400\) of accounts receivable will not be collected. Prior to this adjustment, the credit balance in Allowance for Doubtful Accounts is \(\$ 189,900\),

\(19 \times 6\)

Feb. 1 Collected the maturity value of the Winn Dixie note.

23 Received a 90 -day, 15 -percent, \(\$ 4,000\) note from Bliss Company on account. (This year February has 28 days.)

Mar. 31 Discounted the Bliss Co. note to Lakewood Bank at 20 percent.

Apr. 23 Sold merchandise to Lear Corporation, receiving a 60 -day, 10 -percent note for \(\$ 9,000\).

June 22 Lear Corp. dishonored its note at maturity; converted the maturity value of the note to an account receivable.

July 15 Loaned \(\$ 8,500\) cash to McNeil, Inc., receiving a 30-day, 12-percent note.

17 Sold merchandise to Grant Corp., receiving a three-month, 10 -percent, \(\$ 8,000\) note.

Aug. 5 Collected in full from Lear Corp.

14 Collected the maturity value of the McNeil, Inc., note.

17 Discounted the Grant Corp, note to Lakewood Bank at 15 percent.

Oct. 17 Grant Corp. dishonored its note at maturity; paid Lakewood Bank the maturity value of the note plus a protest fee of \(\$ 50\) and debited an account receivable from Grant Corp.

Dec. 15 Wrote off as uncollectible the account receivable from Grant Corp.

\section*{Required}

Record the transactions in the general journal. Explanations are not required.