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These transaction took place for Sheridan Company during 2021 May Dec 2022 May 1 31 Received a $22,000, 1 year, 9% note in exchange for

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These transaction took place for Sheridan Company during 2021 May Dec 2022 May 1 31 Received a $22,000, 1 year, 9% note in exchange for an outstanding account receivable from T. Foley. Accrued interest revenue on the 1. Foleynote. Accrued interest maten ochar 1 Received principal plus interest on the . Foley note. (No interest has been accrued since December 31, 2021.) 8 ansactions in general journalCredit rat. (Credit account deles are cutomatically indente dented when the amount is entered. Do not indent manually. Record journal entries in the order presented in Credit unt Titles and Explanati manation Delit 2021 Record the transactions in general journal.(Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record jour Date Account Titles and Explanation Debit Credit 2021 2022

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