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On January 1, 2022, Windsor, Inc. had Accounts Receivable of $56,300 and Allowance for Doubtful Accounts of $3,800. WIHUSUI Inc. prepares financial statements annually. During

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On January 1, 2022, Windsor, Inc. had Accounts Receivable of $56,300 and Allowance for Doubtful Accounts of $3,800. WIHUSUI Inc. prepares financial statements annually. During the year, the following selected transactions occurred: Jan. 5 Feb. 2 12 26 Apr. 5 12 Sold $3,500 of merchandise to Rian Company, terms n/30. Accepted a $3,500, 4-month, 9% promissory note from Rian Company for balance due. Sold $13,440 of merchandise to Cato Company and accepted Cato's $13,440, 2-month, 10% note for the balance due. Sold $5,000 of merchandise to Malcolm Co., terms n/10. Accepted a $5,000, 3-month, 9% note from Malcolm Co. for balance due. Collected Cato Company note in full. Collected Rian Company note in full. Sold $1,900 of merchandise to GerriInc. and accepted a $1,900, 6-month, 12% note for the amount due. June 2 15 Date Account Titles and Explanation Debit Credit I >

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