Problem #3: Rose Supply Co. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31. Nov.1 Loaned $50,000 cash to H. Porter on a 12-month, 7% note. Dec. 11 Sold goods to D&R, Inc., receiving a $4,600, 90-day, 8% note. Received a $25,000, 180-day, 9% note to settle an open account from A. Murdock. 31 Accrued interest revenue on all notes receivable. Required: Journalize the transactions for Moses Supply Co. (Omit cost of goods sold entries.) Accounts 16 Date Dabar 2022 2021 $ 4,517 Problem #4: Suppose the following information was taken from the 2022 financial statements of FedEx Corporation, a major global transportation/delivery company. (in millions) Accounts receivable (gross) $ 3.587 Accounts receivable (net) 3:391 4.359 Allowance for doubtful accounts 196 158 Sales revenue 35,497 37.953 Total current assets 7,244 Required: Answer each of the following questions (please show your work). a. Calculate the accounts receivable turnover and the average collection period for 2022 for Fedex Accounts receivable Turnover: 7.116 Average collection period: b. Is accounts receivable a material component of the company's total current assets? Answer: Evaluate the balance in FedEx's allowance for doubtful accounts. Evaluation