ACCOUNTS RECEIVABLE, NOTES RECEIVABLE AND ANALYSIS OF FINANCIAL STAEMENT 1. Jan. 1, 2009 Sold goods costing $250,000 for $300,000 to ABC company, 2/10; n/30; FOB destination and transportation cost of $10,000 was paid by the ABC. 5. The seller reimbursed ABC with the transportation charge. Jan 8 ABC returned $30,000 goods that had an original cost of $20,000. Feb 2, Received a 120-day 9% note from ABC as a promise to pay the outstanding debt. Required: A. Record all necessary entries for the above transactions. B. Assuming the note was honored, make necessary journal entries on the maturity date (State the maturity date). C. Assuming the note was dishonored, make necessary journal entries on the maturity date. D. Assuming that on March 4, the note was discounted at 8% from he Bank of America, make necessary entries for the discounting of the note. E. Assuming the discounted note was honored on the maturity date, make necessary entries if any on the maturity date. F. Assuming the discounted note was dishonored on the maturity date, make necessary entries for the previously discounted note that was dishonored. G. Assuming in view of the fact the previously discounted note was dishonored, the bank charged a protest fee of $140, make necessary entries for this protest fee charged by the bank