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Entries for Receipt and Dishonor of Notes Receivable Dournalize the following transactions in the accounts of Safari Games Co., which operates a riverboat casino. Assume

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Entries for Receipt and Dishonor of Notes Receivable Dournalize the following transactions in the accounts of Safari Games Co., which operates a riverboat casino. Assume 360 days in a year. For a compound transaction, if an amount box does not require an entry, leave it blank. Apr. 18, 30, May 18 June 29. Aug. 16, Received a $60,000, 30-day, 7% note dated April 18 from Glenn Cross on account. Received a $42,000, 60-day, 8% note dated Apr-si 30 from Rhoni Melville on account. The note dated April 18 from Glenn Cross is dishonored, and the customer's account is charged for the note, including interest. The note dated April 30 from Rhoni Melville is dishonored, and the customer's account is charged for the note, including interest. Cash is received for the amount due on the dishonored note dated April 18 plus interest for 90 days at 8% on the total amount debited to Glenn Cross on May 18 Oct. 22. Wrote off against the allowance account the amount charged to Rhoni Melville on June 29 for the dishonored note dated April 30 Apr: 18 Notes Receivable Accounts Receivable-Glenn Cross 60,000 Apr. 30 Notes Recelvable 42,000 Accounts Receivable-Rhoni Melville 42,000 Accounts Recelvable-Glenn Cross 60,350 May 18 Notes Receivable Interest Revenue 60,000 une 29 Accounts Receivable-Rhoni Melville 2,560 Notes Receivable 42,000 Apr. 18 Notes Receivable 60,000V Accounts Receivable-Glenn Cross 60,000 | Apr. 30 Notes Receivable 42,000 V Accounts Receivable-Rhoni Melville 42,000 | May 18 Accounts Receivable-Glenn Cross V 60,350 V Notes Receivable 60,000 Interest Revenue 350 June 29 Accounts Receivable-Rhoni Melville 42,560 V Notes Receivable 42,000 | Interest Revenue 560 Aug. 16 Cash 61,550 X Accounts Receivable-Glenn Cross v 60,350 Interest Revenue 1,200 X Oct. 22 Allowance for Doubtful Accounts 42,560 Accounts Receivable-Rhoni Melville v 42,560

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