On January $1,2022,$ Kingbird, Inc. had Accounts Recelvable of $$57,600$ and Alowance for Doubtful Accounts of $$3,700.$ Kingbird, Inc. prepares financialstatements amually. During the year, the following selected transactions occurred.

Ians Sold $$4,200$ ol merchandise to Rian Company, terms n$/30.$

Feb. $2$ Accepted a $$4200,4-$month, $98$ promissory note from Rian Company for balance due.

$12$ Sold $$12,000$ of merchandise to Cato Company and acoepted Cato's $$12,000.2-$nonth, $10\%$ note.

$26$ Sold $4,700$ ot merchandise to Malcoln Co$,$ terms N$/10.$

Ax$.5$ Accepted a $$4,700,3$ month, $8$ i notefrom Malcolm Co$.$

$12$ Collected cato company note in full.

Juve $2$ Collected Rian Company note in full.

Date Account Titles and Explanation

Debit

credit