Give the entries in general journal form that Alaska State Company would make if Samuel Adams dishonored the note receivable discounted by Alaska State in Exercise 16.6, assuming the bank deducted the maturity value of the dishonored note plus a $45 service charge from Alaska State’s bank account on the due date of the note.

Data from 16.6

On June 3, 2019, Alaska State Company received a $5,200, 45-day, 10 percent note from Samuel Adams, a customer whose account was past due.