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On January 15, 2020, Bramble Company received a two-month,8%, $10200 note from Peter Long for the settlement of his open account. The entry by Bramble

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On January 15, 2020, Bramble Company received a two-month,8%, $10200 note from Peter Long for the settlement of his open account. The entry by Bramble Company on March 15, 2020 if Long dishonors the note and collection is expected is: 10336 Accounts Receivable-P Long Notes Receivable Interest Revenue 10200 136 10200 Accounts Receivable-- Long Notes Receivable 10200 10064 Accounts Receivable- Long Interest Lost Notes Receivable 136 10200 10336 Bad Debt Expense Notes Receivable 10336

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