not regl More Info gnore c 2018 Jul. Cred 1 Sold merchandise inventory to Great - Mart, receiving a $45,000, nine-month, 8% note. Ignore Cost of Goods Sold. 31 Recorded cash sales for the period of $18,000. Ignore Cost of Goods Oct Sold. Dec 31 Made an adjusting entry to accrue interest on the Great-Mart note. 31 Made an adjusting entry to record bad debt expense based on an aging of accounts receivable. The aging schedule shows that $13,500 of accounts receivable will not be collected. Prior to this adjustment, the credit balance in Allowance for Bad Debts is $11,600 2019 Apr. 1 Collected the maturity value of the Great-Mart note Jun 23 Sold merchandise inventory to Ambiance, Corp., receiving a 60-day. 9% note for $8.000. Ignore Cost of Goods Sold. Aug 22 Ambiance. Corp. dishonored its note at maturity, the business converted the maturity value of the note to an account receivable. Nov. 16 Loaned $19.000 cash to Crane, Inc., receiving a 90-day, 12% note Dec 5 Collected in full on account from Ambiance, Corp. 31 Accrued the interest on the Crane, Inc. note. Print Done Klick CheckAL Clear All DELL www the tractions) Record to the chos e bransactions for 2018 Oe e 9 Check