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Canarie Supply Corp, has the following selected transactions for notes receivable. , 1 1 Dec 15 Lent $131.900 cash to A Bouchard on a one-year.

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Canarie Supply Corp, has the following selected transactions for notes receivable. , 1 1 Dec 15 Lent $131.900 cash to A Bouchard on a one-year. 9% note. Sold goods to Wright Inc, receiving a two-month, 6%, $29.400 note Interest is due at maturity. The goods cost $18.288 Received a six-month, 6%, $32,160 note in exchange for an account from Aquilina Corporation. Interest is due at maturity Collected the amount owing on the Wright note Accrued interest on all notes receivable at year end. Assume that interest is calculated to the nearest half month. Analyzed each note and estimated that uncollectible notes at year end totalled $24.088. Feb 1 128 28 =/ 10 E Question 8 of 10 Record the above transactions for Canarie Supply Corp. (Lithit entries for centres edit accounts are automatically Indented when amount is entered. Do not inden mano entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to the nearest whole of 5.27) Date Credit Dehit Account Titles and Eqlanation V (To record sales) (To record cost of merchandise sold) V To accrue interest To record lastimate of uncollectibles

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