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Apr. 1, 2022 Accepted Goodwin Companys 12-month, 6% note in settlement of a $42,000 account receivable. July 1, 2022 Loaned $17,000 cash to Thomas Slocombe
| Apr. | 1, 2022 | Accepted Goodwin Companys 12-month, 6% note in settlement of a $42,000 account receivable. | |
| July | 1, 2022 | Loaned $17,000 cash to Thomas Slocombe on a 9-month, 10% note. | |
| Dec. | 31, 2022 | Accrued interest on all notes receivable. | |
| Apr. | 1, 2023 | Received principal plus interest on the Goodwin note. | |
| Apr. | 1, 2023 | Thomas Slocombe dishonored its note; Windsor expects it will eventually collect. |
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Introduction To Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan
6th Canadian Edition
1260060411, 9781260060416
