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Sharock Company had the following select transactions Apt2022 July 1, 2022 Dec 31, 2022 Apr 1.2023 Apt 1.2023 Accepted Goodwin Company's 12-month, note in settlement
Sharock Company had the following select transactions Apt2022 July 1, 2022 Dec 31, 2022 Apr 1.2023 Apt 1.2023 Accepted Goodwin Company's 12-month, note in settlement of $46,000 account receivable Lord $23.000 cash to Thomas Slocombe on a month, 12% note Accrued interest an all notes recevable Received principal plus interest on the Goodwin note Thomas Slecombe dishonored its note Shamrock expects it will eventually collect Prepare journal entries to record the transactions, Shamrock preparadjusting entris once a year on December a credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record interest accrued on Goodwinnote)
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