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Question 2 Viewpoke Current Attempt Kingbird Company had the following select transactions for 1.2019 Accepted Goodwin Company 12 month, 14% moten settlement of a 3X400
Question 2 Viewpoke Current Attempt Kingbird Company had the following select transactions for 1.2019 Accepted Goodwin Company 12 month, 14% moten settlement of a 3X400 account recevable May 1, 2019 Laaned $32.400 cash to Thomas Slocombe on a 9-month, 12x note. Dec 31, 2019 Accrued interest on all notes receivable Apr. 1.2020 Received principal plus interest on the Goodwinnote Apr. 1. 2020 Thomas Slocombe dishonored its note:Kingbird expects it will eventually collect Prepare journal entries to record the transactions Kingbird prepares adjusting entries once a year on December 31. (Credico are automatically indented when amount is entered. Do not indent manually Recordjoumal entries in the order presented in the problem. Round Intermediate calculations to 2 decimal places, es 1525 and final answers to decimal places, s 5,275) Date Account Titles and Explanation Debit flo record interst on Goodwin Conote) record intereston Siocombe note cond collection of Goodwin Note Florecord note dishonored Textbook and Me
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