record the october journal transactions. when interset recievable is $604 and notes recievable is $59800.

Handley Corporation adjusts its bocks monthly. On September 30, 2021. notes rareivable indude the following: Interest is due at maturity for the RES and Dragon notes, interest is due on the first day of the month for the thara and MGH notes, At Septernber 30 , the balance in the Allowance for Doubtful Notes acrount is nil. In Qctober, the following selected transactions were completed. Oct. 1 Received the interest due from thara. 31. Received notice that Dragon was unable to pay its note as scheduled it expects to be able to pay in the future. 31. The RES note matured and was received in full. 31 Accrued interest on the thara and MGH notes: 31. Analyzed the remaining notes for collectibility Estimated that $17.800 of notes mar not be collectible in the future because of signiticant labour issues currently being experienced by thara