apter 8 Homework X + ses/28666/assignments/2760542?module_item_id=9337071 0.46/1 Question 6 View Policies Show Attempt History Current Attempt in Progress - Your answer is partially correct. Marin Company had the following select transactions. Apr. 1.2022 Accepted Goodwin Company's 12 month, 6% note in settlement of a $33,6 July 1, 2022 Loaned $22,000 cash to Thomas Slocombe on a 9-month, 11% 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: Marin expects it will eventually col Prepare journal entries to record the transactions. Marin prepares adjusting entries once. a year on December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Notes Receivable Debit) 33000 A 114/2019 56/assignments/2760542?module_item_id=9337071 0.46/1 Question 6 ew Policies now Attempt History Current Attempt in Progress - Your answer is partially correct. Marin Company had the following select transactions d Goodwin Company's 12 month. 6% note in settlement of a $33,000 account receivable $22.000 cash to Thomas Slocombe on a 9-month, 11% note, interest on all notes receivable d principal plus interest on the Goodwin note. Slocombe dishonored its note: Marin expects it will eventually collect Prepare journal entries to record the transactions. Marin prepares adjusting entries once a year on December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Debit Date Account Titles and Explanation AAV e P noude Seront Crodership ership M Nur ay Comment to be Chapter X + m/course/2666/assignments/2760542?module item id-9337071 Slocombe dishonored its note: Marin expects it will eventually collect. Prepare journal entries to record the transactions. Marin prepares adjusting entries once a year on December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Notes Receivable 33000 Accounts Receivable Notes Receivable I interest Receivable Interest Revenue (To record interest accrued on Goodwin note) (To record interest accrued on Thomas note). soter Homework ses/28666/signments/2760542?module item id=9337071 Interest Revenue (To record collection of Goodwin note and interest) (To record the dishonor of Thomas note) e Textbook and Media List of Accounts S it A Attempts: 2 of 15 used A 2010 ecord the transactions. Marin prepares adjusting entries once edit account titles are automatically indented when the amount is ally. Record journal entries in the order presented in the problem) Debit Credit 33000 33000 2200 note note) AV 2019 wide Servant Leadership ents/2760542?module item id=9337071 Goodwin note) Thomas note) win note and interest) Thomas note) 5:44 PM n . P roud Servant Leadership N eng Content to Fucelle
