the Allowance for Doubtful Accounts and Notes Receivable.docx - Word u want to do... & Sha el Aabcel el AABBC Subtitle Title No Spacing Subtle Em... Intense E. Strong Quote Intenst Q. Subtle Rel.. Intense Re. Book Title List Para.. = Richard, Kyle Find - c Replace Styles Editing Exercise 2: Notes Receivable Part A: Cascade Company sold merchandise to two customers and accepted notes on January 31, 2019. Customer A signed a 6-month, 8%, $300,000 note. Principal and interest are due at maturity. The market rate of interest is 8% on similar notes. 2. Customer B signed a 6-month, $300,000 noninterest-bearing note, discounted at 8% Prepare journal entries: 1. January 31 to record the sale of the merchandise and receipt of the notes from each customer. 2. July 31 to record the collection of the notes and interest. Jan 31 July 31 July 31 Part B: What is the effective interest rate on this