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Current Attempt in Progress Swifty Company had the following selected transactions Apr. 1 2022 July 1, 2022 Dec. 31, 2022 Apr. 1. 2023 Apr.
Current Attempt in Progress Swifty Company had the following selected transactions Apr. 1 2022 July 1, 2022 Dec. 31, 2022 Apr. 1. 2023 Apr. 1, 2023 Accepted Goodwin Company's 12-month, 14% note in settlement of a $63,000 account receivable. Loaned $65,000 cash to Thomas Slocombe on a 9-month, 12% note. Accrued interest on all notes receivable. Received principal plus interest on the Goodwin note. Thomas Slocombe dishonored its note; Swifty expects it will eventually collect.
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