on January 1, 2017 Shamrock SA had Accounts Receivable C96,550 and Allowance for Doubtful Accounts C6,000. Shamrock prepares financial statements annually at December 31. During the year, the following selected transactions occurred Janis Sold C10,800 of merchandise to Patrick Co, terms 1/30 Feb. 2 Accepted an C10,800, 4-month, 4% promissory note from Patrick for the balance due 12 Sold 11 00 of merchandise to Marguerite SA and accepted Marguerite C11.400, 2-month, 69 note for the balance du Sold 8,000 of merchandise to Felton Co., terms 1/10. Apr. Accepted a C0,000, 3-month 7 note from Felton Co. for the balance due 12 Collected Marguerite note in full June 2 Collected Patrick note in full Julys Falton Co. dishonor its note of Aprils. It is expected that Felton will eventually pay the amount owed. 15 Sold 9.200 of merchandise to Planke Co. and accepted Planke's 09.200, 3-month, note for the amount due Oct. 15 Planke Co.'s note was dishonored. Planke Co. is bankrupt, and there is no hope of future settlement 26 URCES Date Account Titles and Explanation Debit Credit Credit CES