Question: Current Attempt in Progress Bramble Company had the following select transactions. table [ [ Apr . 1 , 2 0 2 2 , Accepted

Current Attempt in Progress Bramble Company had the following select transactions.

Current Attempt in Progress

Bramble Company had the following select transactions.

\

table

[[

Apr

. 1, 2022,

Accepted Goodwin Company's

12 -

month,

14 %

note in settlement of a $

84, 400

account receivable.

], [

July

1, 2022,

Loa

ed $

86, 400

cash to Thomas Slocombe on a

9 -

month,

12 %

note.

], [

Dec

. 31, 2022,

Accrued interest on all notes receivable.

], [

Apr

. 1, 2023,

Received principal plus interest on the Goodwin note.

], [

Apr

. 1, 2023,

Thomas Slocombe dishonored its note; Bramble expects it will eventually collect.

]]

Prepare journal entries to record the transactions. Bramble prepares adjusting entries once a year on December

31 . (

Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Do not round intermediate calculations. Round final answers to

0

decimal places. e

.

. 5, 275 .)

$\table[[Apr.1,2022,Accepted Goodwin Company's 12-month, 14% note in settlement of a $84,400 account$

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