• ***please use from these list of accounts ***
• Accounts Payable
• Accounts Receivable
• Accumulated Depreciation - Buildings
• Accumulated Depreciation - Equipment
• Advances to Employees
• Allowance for Doubtful Accounts
• Allowance for Doubtful Notes
• Bad Debts Expense
• Bank Charges Expense
• Bank Loan Payable
• Buildings
• Cash
• Common Shares
• Cost of Goods Sold
• Current Portion of Bank Loan Payable
• Depreciation Expense
• Equipment
• Held for Trading Investments
• Income Tax Expense
• Income Tax Payable
• Income Tax Receivable
• Insurance Expense
• Interest Expense
• Interest Payable
• Interest Receivable
• Interest Revenue
• Inventory
• Land
• No Entry
• Notes Payable
• Notes Receivable
• Prepaid Insurance
• Prepaid Rent
• Retained Earnings
• Salaries Expense
• Salaries Payable
• Sales
• Sales Discounts
• Sales Returns and Allowances
• Sales Tax Recoverable
• Supplies
• Unearned Revenue

Duffy Dog Ltd. sells merchandise on April 1, 2017, to Red River Enterprises in return for a 12-month, 9%, $12,000 note, with interest due at maturity. The company uses a perpetual inventory system and the cost of the inventory sold was $7.080. Duffy Dog has a December 31 year end and adjusts its accounts annually. Prepare the journal entries that Duffy Dog will record with regard to this note from April 1, 2017, until the note matures on March 31, 2018. (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 Ofor the amounts.) Date Account Titles and Explanation Debit Credit Apr 1, 2017 Notes Receivable sales rev (To record sales) (To record cost of merchandise sold)