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Apr. 18. Received a $51,600, 30-day, 6% note dated April 18 from Glenn Cross on account. 30. Received a $36,000, 60-day, 8% note dated April

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Apr. 18. Received a $51,600, 30-day, 6% note dated April 18 from Glenn Cross on account.
30. Received a $36,000, 60-day, 8% note dated April 30 from Rhoni Melville on account.
May 18. The note dated April 18 from Glenn Cross is dishonored, and the customers account is charged for the note, including interest.
June 29. The note dated April 30 from Rhoni Melville is dishonored, and the customers account is charged for the note, including interest.
Aug. 16. Cash is received for the amount due on the dishonored note dated April 18 plus interest for 90 days at 8% on the total amount debited to Glenn Cross on May 18.
Oct. 22. Wrote off against the allowance account the amount charged to Rhoni Melville on June 29 for the dishonored note dated April 30.

Required:

Journalize the above transactions in the accounts of Safari Games Co., which operates a riverboat casino. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year when calculating interest.
Instructions Chart of Accounts Journal Instructions Apr. 18. 30. May 18. Received a $51,600, 30-day, 6% note dated April 18 from Glenn Cross on account. Received a $36,000, 60-day, 8% note dated April 30 from Rhoni Melville on account. The note dated April 18 from Glenn Cross is dishonored, and the customer's account is charged for the note, including interest. The note dated April 30 from Rhoni Melville is dishonored, and the customer's account is charged for the note, including interest. Cash is received for the amount due on the dishonored note dated April 18 plus interest for June 29. Aug. 16. Journal Shaded cells have feedback. 1 Apr. 18 Notes Receivable 51,600.00 1 2 Accounts Receivable-Glenn Cross 51,600.00 1 3 Apr. 30 Notes Receivable 36,000.00 1 4 Accounts Receivable-Rhoni Melville 36,000.00 + 5 May 18 Notes Receivable 51,858.00 1 6 Interest Revenue 258.00 f 7 Bad Debt Expense 51,600.00 1 8 Jun. 29 Accounts Receivable-Rhoni Melville 36,480.00 1 9 Bad Debt Expense 480.00 1 10 Bad Debt Expense 36,000.00 1 . 11 Aug. 16 Cash 52,895.16 1 12 Bad Debt Expense 1,037.16 1,037.16 13 Accounts Receivable-Glenn Cross 51,858.00 14 Oct. 22 Accounts Receivable-Glenn Cross 36,480.00 1 15 Accounts Receivable-Rhoni Melville 36,480.00 1

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