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View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Wildhorse Company had the following selected transactions. Apr. 1, 2022 Accepted

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View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Wildhorse Company had the following selected transactions. Apr. 1, 2022 Accepted Goodwin Company's 12-month, 12% note in settlement of a $42,600 account receivable. July 1, 2022 Loaned $44,600 cash to Thomas Slocombe on a 9-month, 10% note. Dec. 31, 2022 Accrued interest on all notes receivable. Apr. 1, 2023 Received principal plus interest on the Goodwin note. Apr. 1, 2023 Thomas Slocombe dishonored its note; Wildhorse expects it will eventually collect. Prepare journal entries to record the transactions. Wildhorse prepares adjusting entries once a year on December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Question 4 of 5 12/31/22 Interest Receivable \begin{tabular}{|l|} \hline \\ \hline \end{tabular} Interest Receivable 2230 (To record interest at 12\%) 4/1/23 Cash 47712 Notes Receivable (To record interest at 10\%) Question 4 of 5 2.39/7 4/1/23 Cash 47712 Notes Receivable (To record interest at 10\%) (To record principal plus interest on the Goodwin note) (To record principal plus interest on the Goodwin note) (To record note dishonoured)

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