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Your answer is partially correct. Try again. Novak Company had the following select transactions. Apr. 1, 2019 July 1, 2019 Dec. 31, 2019 Apr. 1, 2020 Apr. 1, 2020 Accepted Goodwin Company's 12-month, 16% note in settlement of a $98,600 account receivable. Loaned $100,600 cash to Thomas Slocombe on a 9-month, 14% note. Accrued interest on all notes receivable. Received principal plus interest on the Goodwin note. Thomas Slocombe dishonored its note; Novak expects it will eventually collect. Date Account Titles and Explanation Debit Credit