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On Januar $3,600. Bonita Industries prepares financial statements annually. During the year, the following selected transactions occurred: y 1, 2017, Bonita Industries had Accounts Receivable

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On Januar $3,600. Bonita Industries prepares financial statements annually. During the year, the following selected transactions occurred: y 1, 2017, Bonita Industries had Accounts Receivable of $53,100 and Allowance for Doubtful Accounts of Jan. 5 Sold $4,500 of merchandise to Rian Company, terms n/30. Feb. 2 Accepted a $4,500, 4 month, 8% promissory note from Rian Company for balance due. Sold $11,520 of merchandise to Cato Company and accepted Cato's $11,520, 2 month, 10% note for the 12 balance due. 26 Sold $11,600 of merchandise to Malcolm Co., terms n/10. Apr. Accepted a $11,600, 3-month, 8% note from Malcolm Co. for balance due. 5 12 Collected Cato Company note in full. June 2 Collected Rian Company note in full. 15 sold $2,100 of merchandise to Gerri Inc. and accepted a $2,100, 6-month, 11% 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 Date Account Titles and Explanation Debit Credit elio 1 2000-2019 ehnwilev asonsJnc. All Rights Reserved. A Division of 2abnw1eeasons.ina Version 4.24.1 DELL F5 F6 F7 F8 F9 F10 F11 F12 SCREEN I PRNER V CALCULATOR MESSAGERY INSTRUCTOR | | HILL Vers DELL

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