Teal Mountain Company had the following select transactions.

Apr. $1,2025$ Acceptad Goodwin Company's $12-$month, $896$ nate in settlement of a $$39,000$ account receivable

July $1,2025$ Loaned $$19,000$ cash to Thomas Slocombe on a $9-$month, $12\%$ note.

Dec $31,2025$ Accrued interest on all notes receivable.

Apr. $1,2026$ Receined principal plus interest on the Goodwin note.

Apr. $1,2026$ Thamas Slocombe dishonored its note; Teal Mountain expects it will eventually collect.

Prepare journal entries to record the transactions. Teal Mountain prepares adjusting entries once a year on December $31.($List all debit

entries before credit entries. Credit account tities are automatically indented when the amount is entered. Do not indent manually. Recond

journal entries in the order presented in the problem. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Date

Account Titles and Explanation

Debit

Credit

Notas Recsivable

Accounts Racslvable

Cach

$($To record interest accrued on Goodwin note$)$

Intereat Revenue

$($To record interest accrued on Thomas note$)$

Notso Recshable

Intareat Racsalvable

Notsa Recslvable:

Interest Recsivable

$($To record the dishonor of Thomas note$)$