Boat Sales accepted a $35,000, 5%, 120-day note dated August 1, from Johnson Corp. as an extension on due account. Prepare the necessary general journal entries in Boat Sales' books on August 1 and November (maturity date), for each of the following independent assumptions (round all amounts to the nearest dollar). (a) Note was held until maturity and collected on time. GENERAL JOURNAL Date Account Titles Debit Credit (b) Note was dishonoured. Amount of note and interest were written off as uncollectible. (Boat Sales uses the allowance method of accounting for bad debts.) GENERAL JOURNAL Date Account Titles Debit Credit