worth 12 points Famset Co. has the following transactions related to notes receivable during the last 2 months of the year The company does not make entries to accrue interest except at December 31. Nov. 1 Loaned $63,600 cash to C. Bohr on a 12-month, 9% note. Dec. 11 Sold goods to K. R. Pine, Inc., receiving a $5,400, 90-day, 8% note. Dec. 16 Received a $14,400, 180-day, 6% note to settle an open account from A. Murdock. Dec. 31 Accrued interest revenue on all notes receivable. Requirement: Journalize the transactions for Famset Co. (Omit cost of goods sold entries.) (Use 360 days for calculation.). Nov 1 Dec 11 Dec 16 Dec 31 Calculations for Interest Calculations Must be Shown Below for Credit: PROBLEM #2 worth 16 points Assume the following information for Tag Mountain Corp. Accounts receivable (beginning balance) $147,000 Allowance for doubtful accounts (beginning balance) 11,390 Net credit sales 946,000 Collections 902,000 Write-offs of accounts receivable 5,800 Collections of accounts previously written off 1,700 Uncollectible accounts are expected to be 8% of the ending balance in accounts rece Requirement #1: Prepare the entries to record sales and collections. Dec 31 Requirement #2: Prepare the entry to record the write-off of uncollectible accounts Dec 31 Requirement #3: Prepare the entries to record the recovery of the uncollectible ace Dec 31 Requirement #4: Prepare the entry to record bad debt expense. Dec 31