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Larkspur Company had the following select transactions. Apr. 1, 2022 Accepted Goodwin Companys 12-month, 6% note in settlement of a $43,000 account receivable. July 1,

Larkspur Company had the following select transactions. Apr. 1, 2022 Accepted Goodwin Companys 12-month, 6% note in settlement of a $43,000 account receivable. July 1, 2022 Loaned $23,000 cash to Thomas Slocombe on a 9-month, 12% note. Dec. 31, 2022 Accrued interest on all notes receivable. Apr. 1, 2023 Received principal plus interest on the Goodwin note. Apr. 1, 2023 Thomas Slocombe dishonored its note; Larkspur expects it will eventually collect. Prepare journal entries to record the transactions. Larkspur prepares adjusting entries once a year on December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

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