- Your answer is partially correct. Windsor Company had the following select transactions. Apr. 1.2022 Accepted Goodwin Company's 12 month, 7% note in settlement of a $34,000 account receivable. July 1, 2022 Loaned $21.000 cash to Thomas Slocombe on a 9-month, 10% note. Dec 31, 2022 Accrued interest on all notes receivable. Received principal plus interest on the Goodwin note. Apr. 1.2023 Thomas Slocombe dishonored its note: Windsor expects it will eventually collect. Apr. 1.2023 Prepare journal entries to record the transactions. Windsor prepares adjusting entries once a year on December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Hecord journal entries in the order presented in the problem.) Account Titles and Explanation Debit Credit Date 4/1/22 Notes Receivable 34000 Accounts Receivable 34000 7/1/22 Notes Receivable 21000 Cash 21000 12/31/22 Interest Receivable 1.785 Interest Revenue 1.785 (To record interest accrued on Goodwin note) Cash 21000 12/31/22 Interest Receivable 1.785 Interest Revenue 1,785 (To record interest accrued on Goodwin note) Interest Receivable 12/31/22 1,050 1,050 Interest Revenue (To record interest accrued on Thomas note) 4/1/23 Cash 36.380 Notes Receivable 34,000 Interest Receivable 1.785 Interest Revenue 595 (To record collection of Goodwin note and interest) 4/1/23 Accounts Receivable 21,000 Notes Receivable 21,000 Interest Receivable 525 Interest Revenue 525 (To record the dishonor of Thomas note) Cash 21000 12/31/22 Interest Receivable 1.785 Interest Revenue 1,785 (To record interest accrued on Goodwin note) Interest Receivable 12/31/22 1,050 1,050 Interest Revenue (To record interest accrued on Thomas note) 4/1/23 Cash 36.380 Notes Receivable 34,000 Interest Receivable 1.785 Interest Revenue 595 (To record collection of Goodwin note and interest) 4/1/23 Accounts Receivable 21,000 Notes Receivable 21,000 Interest Receivable 525 Interest Revenue 525 (To record the dishonor of Thomas note)