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Cheyenne Company had the following select transactions. Apr. 1, 2022 Accepted Goodwin Companys 12-month, 10% note in settlement of a $33,200 account receivable. July 1,

Cheyenne Company had the following select transactions. Apr. 1, 2022 Accepted Goodwin Companys 12-month, 10% note in settlement of a $33,200 account receivable. July 1, 2022 Loaned $35,200 cash to Thomas Slocombe on a 9-month, 8% 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; Cheyenne expects it will eventually collect.

Prepare journal entries to record the transactions. Cheyenne prepares adjusting entries once a year on December 31.

Date

Account Titles and Explanation

Debit

Credit

Choose a transaction date 4/1/227/1/2212/31/224/1/23

Enter an account title

Enter a debit amount

Enter a credit amount

Enter an account title

Enter a debit amount

Enter a credit amount

Choose a transaction date 4/1/227/1/2212/31/224/1/23

Enter an account title

Enter a debit amount

Enter a credit amount

Enter an account title

Enter a debit amount

Enter a credit amount

Choose a transaction date 4/1/227/1/2212/31/224/1/23

Enter an account title to record interst on Goodwin Co note

Enter a debit amount

Enter a credit amount

Enter an account title to record interst on Goodwin Co note

Enter a debit amount

Enter a credit amount

(To record interst on Goodwin Co note.)

Choose a transaction date 4/1/227/1/2212/31/224/1/23

Enter an account title to record interest on Slocombe note

Enter a debit amount

Enter a credit amount

Enter an account title to record interest on Slocombe note

Enter a debit amount

Enter a credit amount

(To record interest on Slocombe note.)

Choose a transaction date 4/1/227/1/2212/31/224/1/23

Enter an account title to record collection of Goodwin Note

Enter a debit amount

Enter a credit amount

Enter an account title to record collection of Goodwin Note

Enter a debit amount

Enter a credit amount

Enter an account title to record collection of Goodwin Note

Enter a debit amount

Enter a credit amount

Enter an account title to record collection of Goodwin Note

Enter a debit amount

Enter a credit amount

(To record collection of Goodwin Note.)

Choose a transaction date 4/1/227/1/2212/31/224/1/23

Enter an account title to record note dishonored

Enter a debit amount

Enter a credit amount

Enter an account title to record note dishonored

Enter a debit amount

Enter a credit amount

Enter an account title to record note dishonored

Enter a debit amount

Enter a credit amount

Enter an account title to record note dishonored

Enter a debit amount

Enter a credit amount

(To record note dishonored.)

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