accounting 2

Diankob Company often requires customers to sign promissory notes for major credit purchases. Journalize the following transactions for Diankob Company. Feb. 12 Accepted a $30,000, 6%, 60-day note from John welis for a 24-foot motorboat built to his specifications. April 14 Received notification from John welis that he was unable to honor his promissory note but that he expects to pay the amount owed in May. May 26 Received a check from John welis for the total amount owed. June 10 Received notification by the bank that John welis check was being returned "NSF" and that John welis had declared personal bankruptcy