On January 1, 2022, Harter Company had Accounts Receivable $139,000, Notes Receivable $25,000, and Allowance for Doubtful Accounts $13,200. The note receivable is from Willingham Company. It is a 4-month, 9% note dated December 31, 2021. Harter Company prepares financial statements annually at December 31. During the year, the following selected transactions occurred. Jan. 5 20 Feb. 18 Apr. 20 30 May 25 Aug. 18 25 Sept. 1 Sold $20,000 of merchandise to Sheldon Company, terms n/15. Accepted Sheldon Company's $20,000, 3-month, 8% note for balance due. Sold $8,000 of merchandise to Patwary Company and accepted Patwary's $8,000, 6-month, 9% note for the amount due. Collected Sheldon Company note in full. Received payment in full from Willingham Company on the amount due. Accepted Potter Inc.'s $6,000, 3-month, 7% note in settlement of a past-due balance on account. Received payment in full from Patwary Company on note due. The Potter Inc. note was dishonored. Potter Inc. is not bankrupt; future payment is anticipated. Sold $12,000 of merchandise to Stanbrough Company and accepted a $12,000, 6-month, 10% 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

On January 1,2022. Harter Company had Accounts Receivable $139,000, Notes Receivable $25,000, and Alowance for Doubtful Accounts $13,200, The note receivable is from Willingham Company. It is a 4-month, 9% note dated December 31,2021 . Harter Company prepares financial staternents annually at December 31. During the year, the following selected transactions occurred, Jan. 5 Sold $20,000 of merchandise to Sheldon Company, terms n/15. 20 Accented Sheldon Company/\$ $20,000,3-month, 8% note for balance due. Feb. 18 Sold \$8,000 of merchandise to Patwary Company and accepted Patwary's \$8,000, 6-month, 9% note for the amount due. Apr:20 Collected Sheldon Company note in full. 30 Recelwed payment in full from Willingham Company on the amount due. May 25 Accepted Potter incis $6,000,3-month, 796 note in settement of a past-due balance on account: Aug 18 Received payment in full from Patwary Company on note due. 25 The Potter inc note was dichonored Potter inc is not bankrupt: future payment is anticipated. Sept:1 Sold $12,000 of merchandise to Stanbrough Company and accepted a $12,000,6-month, 10% note for the amount due: Journalize the transactions. (Omit cost of goods sold entries) (Credit account titles are outomatically indented when amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem.)