1. Haig Boat Company often requires customers to sign promissory notes for major credit purchases. Journalize the following transactions for Haig Boat Company. Feb. 12 Accepted a $35,000, 2-month, 8% note from Jack Dim for a 19-foot motorboat built to his specifications. April 14 Received notification from Jack Dim that he was unable to honour his promissory note but that he expects to pay the amount owed in May. May 26 Received a cheque from Jack Dim for the total amount owed. May 31 Received notification by the bank that Jack Dim's cheque had been returned "NSF" and that Mr. Dim had declared personal bankruptcy