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Jan. 5 Current Attempt in Progress On January 1, 2022, Skysong, Inc. had Accounts Receivable of $57,500 and Allowance for Doubtful Accounts of $3.900, Skysong.

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Jan. 5 Current Attempt in Progress On January 1, 2022, Skysong, Inc. had Accounts Receivable of $57,500 and Allowance for Doubtful Accounts of $3.900, Skysong. Inc. prepares financial statements annually. During the year, the following selected transactions occurred: Sold $3,300 of merchandise to Rian Company, terms /30. Feb. 2 Accepted a $3,300, 4-month, 8% proqrissory note from Rian Company for balance due. 12 Sold $13,200 of merchandise to Cato Company and accepted Cato's $13,200, 2-month, 11% note for the balance due. 26 Sold $5,100 of merchandise to Malcolm Co. terms o/10 Apr. 5 Accepted a $5,100, 3-month, 8% note from Malcolm Co. for balance due. 12 Collected Cato Company note in full June 2 Collected Rian Company note in full. 15 Sold $1,900 of merchandise to Gerri Inc, and accepted a $1,900, 6-month, 13% note for the amount due. Journalize the transactions. (Omit cost of goods sold entries) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Credit Accounts Receivable 3300 Debit Jans Sales Revenue 3300 Feb. 2 3300 Notes Receivable Accounts Receivable Notes Receivable 3300 Feb. 12 13200 Sales Revenue 13200 > Accounts Receivable 3300 Feb. 12 Notes Receivable 13200 Sales Revenue Accounts Receivable 13200 Feb. 26 5100 Sales Revenue 5100 Apr. 5 . Notes Receivable 5100 Accounts Receivable 5100 Apr 12 Cash Interest Revenue Notes Receivable June 2 Cash Interest Revenue Notes Receivable June 15 note 1900 Sales Revenue 1900

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