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Vandiver Company had the following select transactions. Apr. 1, 2022 Accepted Goodwin Company's 12-month, 6% note in settlement of a $30,000 account receivable. Loaned $25,000

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Vandiver Company had the following select transactions. Apr. 1, 2022 Accepted Goodwin Company's 12-month, 6% note in settlement of a $30,000 account receivable. Loaned $25,000 cash to Thomas Slocombe on a 9-month, 10% note. July 1. 2022 31. Dec. Accrued interest on all notes receivable. 2022 Apr. 1. 2023 Received principal plus interest on the Goodwin note. Apr. 1. 2023 Thomas Slocombe dishonored its note; Vandiver expects it will eventually collect. Date Account Titles and Explanation 4/1/22 Notes Receivable Accounts Receivable 7/1/22 Notes Receivable Cash 12/31/22 Interest Receivable Interest Revenue (To record interest accrued on Goodwin note) 12/31/22 (To record interest accrued on Thomas note) 4/1/23 Cash Notes Receivable Interest Receivable Interest Revenue (To record collection of Goodwin note and interest) 4/1/23 Accounts Receivable Notes Receivable Interest Receivable Interest Revenue Debit Credit 30000 30000 25000 25000 2700 2700 INI TID OOTA OLUN 33600 30000 900 2700 26875 25000 625 1250

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