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O7 May 1, 2022, Tabor Company recolved an $4,800 note from a customer in setsement of an $4,800 account receivabie fram that customet, The note

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O7 May 1, 2022, Tabor Company recolved an $4,800 note from a customer in setsement of an $4,800 account receivabie fram that customet, The note bore interest at the rate of 14% per annum, and the note plus interest was poyable April 30,2023. Requited: Use the horizontal model to show the effects (f-for addition and - for subtractionj of ench of these transoctions and adjustments: a. Receipt of the note on May 1, 2022. b. The occrusl of interest at December 3t, 2022. c. The collection of the note and interest on Apeil 30, 2023

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