Question $5$ of $7$

$\frac{-}{16}$

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Windsor Company had the following selected transactions.

Apr. $1,2022$ Accepted Goodwin Company's $12-$month, $10\%$ note in settlement of a $$65,000$ account receivable.

July $1,2022$ Loaned $$67,000$ cash to Thomas Slocombe on a $9-$month, $8\%$ note.

Dec. $31,2022$ Accrued interest on all notes receivable.

Apr. $1,2023$ Received principal plus interest on the Goodwin note.

Apr. $1,2023$ Thomas Slocombe dishonored its note; Windsor expects it will eventually collect.

Prepare journal entries to record the transactions. Windsor prepares adjusting entries once a year on December $31.($Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.$)$

Date

Account Titles and Explanation

Debit

Credit