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Cheyenne Company had the following selected transactions.

Apr. $1,2022$ Accepted Goodwin Company's $12-$month, $16\%$ note in settlement of a $$60,200$ account receivable.

July $1,2022$ Loaned $$62,200$ cash to Thomas Slocombe on a $9-$month, $14\%$ 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; Cheyenne expects it will eventually collect.

Prepare journal entries to record the transactions. Cheyenne 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.

Date

Account Titles and Explanation

Debit

Credit

$4/1/22$

Notes Receivable

Accounts Receivable

$60200$