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Weldon Corporation's fiscal year ends December 31. The 2021: Mar. 17 Accounts receivable of $1,800 were written $ 30 Loaned an officer of the company
Weldon Corporation's fiscal year ends December 31. The 2021: Mar. 17 Accounts receivable of $1,800 were written $ 30 Loaned an officer of the company $21,000 and on March 30, 2022. May 30 Discounted the $21,000 note at a local bank. recourse and the sale criteria are met. June 30 Sold merchandise to the Blankenship Company method to account for cash discounts. July 8 The Blankenship Company paid its account in Aug. 31 Sold stock in a nonpublic company with a boo with a discount rate of 9%. The $6,200 payme Dec. 31 Weldon estimates that the allowance for unco 28 of the gross accounts receivable balance 2021. Required: & 2. Prepare journal entries for each of the above transa required for a transaction/event, select "No journal entry alculations and round your final answers to nearest whe Weldon Corporation's fiscal year ends December 31. The 2021: Mar. 17 Accounts receivable of $1,800 were written $ 30 Loaned an officer of the company $21,000 and on March 30, 2022. May 30 Discounted the $21,000 note at a local bank. recourse and the sale criteria are met. June 30 Sold merchandise to the Blankenship Company method to account for cash discounts. July 8 The Blankenship Company paid its account in Aug. 31 Sold stock in a nonpublic company with a boo with a discount rate of 9%. The $6,200 payme Dec. 31 Weldon estimates that the allowance for unco 28 of the gross accounts receivable balance 2021. Required: & 2. Prepare journal entries for each of the above transa required for a transaction/event, select "No journal entry alculations and round your final answers to nearest whe
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