FULL SCREEN PRINTER VERSION BACK NEXT Question 13 Sheridan Company accepts a $2,000, four month. 79 note receivable in settlement of an account receivable on June 1, 2021, Interest is to be paid at maturity. Sheridan Company has December 31 year end and adjusts its accounts annually. (Note: Lee Company uses only one allowance account for both accounts and notes receivable) Record (1) the lose of the rote on June 1 and (2) the settlement of the note on October 1, suming the rate is honoured. (Credit account titles are automatically indented when the amount entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Tities and Explanation Debit Credit (Acceptet for accounts receivable) (To record collection of not receivable and interest