On January $1,2022,$ Blossam Company had Accounts Receivable $$136,900,$ Notes Recsivable $$37,200,$ and Allowance far Doubtful

Accounts $$27,100.$ The note receivable is from Willingham Company, It is a $4-$month, $7\%$ note dated December $31,2021.$ Blossom

Company preparse financial statements annually at Dacamber $31.$ During the year, the following selacted transactions occurred.

Jan. $5$ Sold $$31,400$ of merchandise to Shaldon Company, terms n$/15.$

$20$ Acceptad Shaldon Company's $$31,400,3-$month, $6\%$ note for balance due.

Feb. $18$ Sold $$24,400$ of merchandise to Patwary Company and accepted Patwary's $$24,400,6-$month, $7\%$ note for the amount

due.

Apr. $20$ Callected Sheldan Campany note in full.

$30$ Received paymant in full from Willingham Company on the amount due.

May $25$ Accepted Patter Inc's $$16,400,3-$month, $5\%$ note in settlement of a past$-$due balance on account.

Auz $18$ Recaived paymant in full from Patwary Company on nate due.

$25$ The Potter Inc. nate was dishonored. Patter Inc is not banlorupt, future paymant is anticipated.

Sept $1$ Sold $$13,500$ of merchandise to Stanbrough Company and accepted a $$13,500,6-$month, $8\%$ 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

Debit

Credit