Exercise 9-14 Wildhorse Company had the following select transactions. Apr. 1, 2020 Accepted Goodwin Company's 12-month, 12% note in settlement of a $42,600 account receivable. July 1, 2020 Loaned $44,600 cash to Thomas Slocombe on a 9-month, 10% note. Dec. 31, 2020 Accrued interest on all notes receivable. Apr 1, 2021 Received principal plus interest on the Goodwin note. Apr 1, 2021 Thomas Slocombe dishonored its note; Wildhorse expects it will eventually collect. Prepare journal entries to record the transactions. Wildhorse prepares adjusting entries once a year on December 31. (Credit a the order presented in the problem.) Debit Credit Date 4/1/20 Account Titles and Explanation Y Notes Receivable 42600 Accounts Receivable 42600 7/1/20 Y Notes Receivable 44600 Cash 44600 12/31/20 Interest Recelvable Interest Revenue (To record interest at 12%) 12/31/20 (To record interest at 10%) 4/1 20