Splish BrothersCompany had the following select transactions.

Apr.1, 2022Accepted Goodwin Company's 12-month,6% note in settlement of a $41,000account receivable.July1, 2022Loaned $22,000cash to Thomas Slocombe on a 9-month,11% note.Dec.31, 2022Accrued interest on all notes receivable.Apr.1, 2023Received principal plus interest on the Goodwin note.Apr.1, 2023Thomas Slocombe dishonored its note;Splish Brothersexpects it will eventually collect.

Prepare journal entries to record the transactions.Splish Brothersprepares adjusting entries once a year on December 31.(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

4/1/22

7/1/22

12/31/22

4/1/23

4/1/22

7/1/22

12/31/22

4/1/23

4/1/22

7/1/22

12/31/22

4/1/23

(To record interest accrued on Goodwin note)

4/1/22

7/1/22

12/31/22

4/1/23

(To record interest accrued on Thomas note)

4/1/22

7/1/22

12/31/22

4/1/23

(To record collection of Goodwin note and interest)

4/1/22

7/1/22

12/31/22

4/1/23

(To record the dishonor ofThomasnote)