Is this correct?

Problem# 5 (20 points) The following series of transactions occurred during Year 1 and Year 2, when Linwood Co. sold merchandise to John Moore. Linwood's annual accounting period ends on December 31. 10/01/Yr 1 Sold $12,000 of merchandise to John Moore, terms 2/10, n/30. 11/15/Yr 1 Moore reports that he cannot pay the account until early next year. He agrees to exchange the account for a 120-day, 12% note receivable. 12/31/Yr 1 Prepared the adjusting journal entry to record accrued interest on the note. 03/15/Yr 2 Linwood receives a check from Moore for the maturity value (with interest) of the note. 03/22/Yr 2 Linwood receives notification that Moore's check is being returned for nonsufficient funds (NSF). 12/31/Yr 2 Linwood writes off Moore's account as uncollectible. Prepare Linwood Co.'s journal entries to record the above transactions. The company uses the allowance method to account for its bad debt expense. 12000 12000 12000 184 10/1/41 Accounts Rec. Sales 11/15/41 Notes Rec. 12000 Accounts Rec. 12/31/4 Interest Receivable 184 interest Revale 03/15/42 cash 12480 Notes Receivable 12000 Interest Receivable 184 Interest Revenue 05122182 Accounts Receivable 12980 24 RO 296 Cash 12/31/42 Allowance fer Doubtful Acrounds 12480 Accounts Rec. 12420 * As sumuming 360-day year is days 4b Days in November 30 Minus the date of the note is Days remaining inkov. Add days in Dec 31 dove Add days in Jon Add days in tebe Adt daysinmarch to equalmaturing) 15days. 31 days 28 days 17 los 120 (12000 (12)x( 46/36 184 112000) (.12) > (74/360) 296 Toh / Accelec Accounts Rec. 12Nintens Receivabe 124 03/15tr cash Noles Receivable 215 Interest Revenue meble zuro 24RO 05/ 21Y? Account Receive Cash o 12/31/Y2 Allowanc fer Doubtful Aconants 12480 Accounts Rec. * As sumuming 360-dan year is days 310 31 dos 2200 7 Days in November Minus the date of the note is Days remaining in Nov. Add days in Dec Adt days in Jan Add days in teb Adt daysinmarch to equalmaturing) Isdays - 184 (12 000 XC. 12)x( 46/360) 112000) (12) > (74/360) 296