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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 $21,000
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 an 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 bo with a discount rate of 9%. The $6,200 paym Dec. 31 Weldon estimates that the allowance for unc 2% of the gross accounts receivable balance 2021. Required: 1 & 2. Prepare journal entries for each of the above transa required for a transaction/event, select "No journal entr calculations and round your final answers to nearest w View transaction list Inurnal entr Journal anthabeet
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