Following are transactions of the Wipe-Out Company Mar. 2 Accepted a $11,040, 50, 90-day note dated this day in granting a time extension on the pant-due account of JNC Company. Apr. 21 Discounted, with recourse, the JNC Company note at Bancirat at a cost of $50. June 2 Received notice from BaneFirst that JNC Company defaulted on the note due May 31. Paid the bank the principal plus interest due on the note. (Hint: Create an account receivable for the maturity value of the note.) July 16 Received payment from JNC Company for the maturity value of its dishonoured note plan interent for 45 days beyond maturity at 58. Sept. 3 Accepted a $4,840, 60-day, 58 note dated this day in granting Cecile Duval a time extension on her past-due account. 18 Discounted, without recourse, the Duval note at BanaFirat at a cost of $25. Required: Prepare entries to record the above transactions. (Use 365 days in a year. Do not round Intermediate calculations. Round the final answers to 2 decimal places.) View transaction list Journal entry worksheet 1 2 3 4 5 6 Record acceptance of a 5%, 90-day note. 10 points Journal entry worksheet Skipped 1 2 3 4 5 6 eBook Record acceptance of a 5%, 90-day note. Print References Note: Enter debits before credits. General Journal Debit Credit Date Mar 02 Record entry Clear entry View general Journal MC Prev 4 of 4 .:: Next 4 View transaction lit ts 1 Record acceptance of a 5%, 90-day note. poed 2 Record the discounted note. book 3 Record the payment made to bank for note dishonoured by JNC Company Print Record the payment received from JNC Company Perences Credit 5 Record acceptance of a 5%, 60-day note. 6 Record the discounting of the Duval note. Note: - Journal entry has been entered Record entry Clear entry View general Journal LA