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Problem 8-06A On January 1, 2022. Windsor, Inc. had Accounts Receivable of $56,100 and Allowance for Doubtful Accounts of $3,800, Windsor, Inc. prepares financial statements

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Problem 8-06A On January 1, 2022. Windsor, Inc. had Accounts Receivable of $56,100 and Allowance for Doubtful Accounts of $3,800, Windsor, Inc. prepares financial statements annually. During the year, the following selected transactions occurred: Jan. 5 sold $3,500 of merchandise to Ran Company, terms n/30 Feb. 2 Accepted a $3,500, 4-month, 9% promissory note from an Company for balance due 12 Sold 913,440 of merchandise to Cato Company and accepted Cato's $13,440, 2 month, 10% note for the balance due 26 Sold $5,000 of merchandise to Malcolm Co., terms IV 10. Apr 5 Accepted a $5,000, 3 month, 9 note from Malcolm Co. for balance due 12 Collected Cato Company note in full June 2 Collected Ran Company note in full 15 Sold $1,000 of merchandise to Gerrit Inc. and accepted a $1.000,6 month, 12 note for the amount doe yourated the transaction comit cost of goods sold entiles) (Credit accomtitles are automatically indented when amont be entered. Do not indent manually. Hecord Journal in the order ) Date Account Titles and Explanation Debut Credit

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