Exercise 9-12 Your answer is partially correct. Try again. Vandiver Company had the following select transactions. Apr 1, 2017 Accepted Goodwin Company's 12-month, 10% note in settlement of July 1, 2017 Loaned $67,000 cash to Thomas Slocombe on a 9-month, 8% note. Dec. 31, 2017 Accrued interest on all notes receivable. Apr. 1, 2018 Received principal plus interest on the Goodwin note. Apr. 1, 2018 Thomas Slocombe dishonored its note; Vandiver expects it a ses ,000 account receivable Prepare journal entries to record the transactions. Vandiver (Credit account titles are automati Record journal entries in the order p prepares adjusting entries once a year on December 31. cally indented when amount is entered. Do not indent manually. resented in the problem.) Date Account Titles and Explanation Debit Credit es Receivable 55000 nts Receiva bl 70 31/17 Interest Receivabl (To record interest at 10%.) (To record interest at 8%.) To record principal plus interest on the Goodwin note.)