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teal mountain company had the following select transactions. April 1 2022- Accepted Goodwin companies 12 month 8% note in settlement of a $39,000 account receivable

teal mountain company had the following select transactions.
April 1 2022- Accepted Goodwin companies 12 month 8% note in settlement of a $39,000 account receivable
July 1, 2022- loaned $19,000 cash to Thomas Slocombe on a nine month 10% note.
December 31, 2022- accurate interest on all notes receivable.
April 1, 2023- received principal plus interest on the Goodwin note.
April 1, 2023- Thomas Slocombe dishonored it's note, tail mountain expects it will eventually collect.
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Question 10 of 13 -10.3 HI! View Policies Current Attempt in Progress Teal Mountain Company had the following select transactions Apr. 1.2022 July 1 2022 Accepted Goodwin Company's 12 month, 8 note in settlement of a $39.000 account receivable Loaned 519.000 cash to Thomas Slocombe on a 9 months 10% note. Accrued interest on all notes recevable Dec 31. 2022 Apc - 1.2023 Received principal plus interest on the Goodwin note. Thomas Slocombe dishonored its note: Teal Mountain expects it will eventually collect Ape 1.2023 Prepare journal entries to record the transactions Teal Mountain prepares adjusting entries once a year on December 31. (Credit account titles are outomatically indented when the amount is entered. Do not indent manually Record journal entries in the order presented in the problem Date Debit Account Titles and Explanation Question 10 of 13 -103 Prepare journal entries to record the tractions. Tal Mountain prepares tigers once December 31 milyIndented when the monsteret Domeinen Record in the represented in the problem) Date Account Tities and Explanation Debit (To record interest accrued on Goodwin) Question 10 of 13 ./03 To record interest accrued on Thomas note) (To record collection of Goodwin note and interest) (To record the dishonor of Thomas note)

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