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Current Attempt in Progress Springfield Supply Corp. has the following selected transactions for notes receivable. Nov. 1 Lent $99,700 cash to A Bouchard on a
Current Attempt in Progress Springfield Supply Corp. has the following selected transactions for notes receivable. Nov. 1 Lent $99,700 cash to A Bouchard on a one-year, 9% note. 1 Dec. Sold goods to Wright Inc., receiving a two-month, 6%, $23,800 note. Interest is due at maturity. The goods cost $14,592 15 Received a six-month, 6%, $25,440 note in exchange for an account from Aquilina Corporation. Interest is due at maturity. Feb. 1 Collected the amount owing on the Wright note. 28 Accrued interest on all notes receivable at year end. Assume that interest is calculated to the nearest half month. 28 Analyzed each note and estimated that uncollectible notes at year end totalled $18.992. Record the above transactions for Springfield Supply Corp. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and
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