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View Policies Current Attempt in Progress On January 1, 2022, Metlock, Inc. had Accounts Receivable of $50.700 and Allowance for Doubtful Accounts of $3,600. Metlock,

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View Policies Current Attempt in Progress On January 1, 2022, Metlock, Inc. had Accounts Receivable of $50.700 and Allowance for Doubtful Accounts of $3,600. Metlock, Inc. prepares financial statements annually. During the year, the following selected transactions occurred: Jan. 5 Feb. 2 12 26 Sold $4.500 of merchandise to Rian Company, terms /30. Accepted a $4,500,4-month, 9% promissory note from Rian Company for balance due Sold $9,600 of merchandise to Cato Company and accepted Cato's $9,600, 2-month, 9% note for the balance due Sold 55,100 of merchandise to Malcolm Co terms w/10. Accepted a $5,100, 3-month, 8% note from Malcolm Co. for balance due. Collected Cato Company note in full Collected Rian Company note in full Sold $2.200 of merchandise to Gerri Inc and accepted a $2,200,6-month, 11% note for the amount due Apr. 5 12 June 2 15 Journalize the transactions. (Omit cost of goods sold entries) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) mot indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Jan. 5 Accounts Receivable 4500 Cash 4500 Feb. 2 >> Feb. 12 Feb. 26 Apr.5 Apr. 5 Apr.12 June 2 June 15

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