Pina Supply Co has the following transactions related to notes receivable during the last 2 months of 2022 Nov 1 Loaned $16,400 cash to Soozie Takham on a 1 year, 10 note Dec 11 Sold goods to Joe Trater, Inc , receiving a $7,425, 90 day, 8 note Dec 16 Received a $4,920, 6 month, 9 note in exchange for Boba Fetts outstanding accounts receivable Dec 31 Accrued interest revenue on all notes receivable Assume Takham dishonors its note at its maturity in 2023 Swifty does not expect to collect the note Record the dishonor of the Takham note (Credit account titles are automatically indented when the amount is entered Do not indent manually If no entry is required, select No Entry for the account titles and enter 0 for the amounts List all debit entries before credit entries ) Please fill in the blanks in the above image Assume Takham dishonors its note at its maturity in 2023 Swifty does not expect to collect the note Record the dishonor of the Takham note (Credit account titles are automatically indented when the amount is entered Do not indent manually If no entry is required, select No Entry for the account titles and enter 0 for the amounts List all debit entries before credit entries )

Question

Pina Supply Co  has the following transactions related to notes receivable during the last 2 months of 2022  Nov  1 Loaned $16,400 cash to Soozie Takham on a 1 year, 10  note  Dec  11 Sold goods to Joe Trater, Inc , receiving a $7,425, 90 day, 8  note  Dec  16 Received a $4,920, 6 month, 9  note in exchange for Boba Fetts outstanding accounts receivable  Dec  31 Accrued interest revenue on all notes receivable  Assume Takham dishonors its note at its maturity in 2023  Swifty does not expect to collect the note  Record the dishonor of the Takham note  (Credit account titles are automatically indented when the amount is entered  Do not indent manually  If no entry is required, select No Entry for the account titles and enter 0 for the amounts  List all debit entries before credit entries ) Please fill in the blanks in the above image  Assume Takham dishonors its note at its maturity in 2023  Swifty does not expect to collect the note  Record the dishonor of the Takham note  (Credit account titles are automatically indented when the amount is entered  Do not indent manually  If no entry is required, select  No Entry  for the account titles and enter 0 for the amounts  List all debit entries before credit entries )

Accepted Answer

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Nov. 1		Loaned $16,400 cash to Soozie Takham on a 1-year, 10% note.
Dec. 11		Sold goods to Joe Trater, Inc., receiving a $7,425, 90-day, 8% note.
Dec. 16		Received a $4,920, 6-month, 9% note in exchange for Boba Fetts outstanding accounts receivable.
Dec. 31		Accrued interest revenue on all notes receivable.

Question

Pina Supply Co. has the following transactions related to notes receivable during the last 2 months of 2022. Nov. 1 Loaned $16,400 cash to Soozie

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