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* Question 9 On January 1, 2017, Indigo Co. had Accounts Receivable 152,680, Notes Receivable 74,400, and Allowance for Doubtful Accounts 63,800. The note receivable is from Kaye Noonan Ltd/. It is a 4-month, 12% note dated December 31, 2016. Indigo prepares financial statements annually at December 31. During the year, the following selected transactions occurred. Jan. 5 Sold 69,400 of merchandise to Zwingle SE, terms n/15. 20 Accepted Zwingle's 69,400, 3-month, 9% note for balance due. Feb. 18 Sold 59,400 of merchandise to Gerard AG and accepted Gerard's 59,400, 6-month, 10% note for the amount due. Apr. 20 Collected Zwingle note in full. 30 Received payment in full from Kaye Noonan on the amount due. May 25 Accepted Isabella Ltd.'s 54,400, 3-month, 10% note in settlement of a past-due balance on account. Aug. 18 Received payment in full from Gerard on note due. 25 The Isabella note was dishonored. Isabella is not bankrupt; future payment is anticipated. Sept. 1 Sold 15,860 of merchandise to Fernando Co. and accepted a 15,860, 6-month, 11% note for the amount due. Journalize the transactions. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round intermediate calcualtions to 5 decimal places, e.g. 1.24654 and final answers to the nearest whole dollar, e.g. 5,275. Do not round intermediate calculations.) Date Debit Credit Account Titles and Explanation 69,400 Jan. 5 69,400 Jan. 20 69,400 69,400 Feb. 18 59,400 59,400 Apr. 20 Apr. 30 May 25 54,400 54.400 Aug. 18 Aug. 25 Sept. 1 Question Attempts: 0 of 3 used