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Prepare journal entries to record these transactions: (If no entry is required for a transaction/event, select No journal entry required in the first account field.)
Prepare journal entries to record these transactions: (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Mar. 21 Accepted a $6,600, six-month, 6% note dated today from Bradley Brooks in granting a time extension on his past-due account. Sept. 21 Brooks dishonoured his note when presented for payment. Dec. 31 After exhausting all legal means of collection, wrote off Brooks's account against the Allowance for Doubtful Accounts View transaction list Journal entry worksheet
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