word were preting automatis pats. Laber MOBAssignment - Reporting and Analyzing Receivables Question 2 of 2 -/18 View Policies Current Attempt in Progress On January 1, 2022 Sheridan Company had Accounts Receivable of $57400 and Allowance for Doubtful Accounts of $3,400. Sheridan Company prepares financial statements annually. During the year, the following selected transactions occurred: Jan. 5 Feb. 2 12 26 Apr 5 12 June 2 15 Sold $4.500 of merchandise to Rian Company, terms 1/30 Accepted a $4.500,4-month, 10% promissory note from Rian Company for balance due Sold $10,000 of merchandise to Cato Company and accepted Cato's $10,000, 2-month, 9% note for the balance due Sold $5.100 of merchandise to Malcolm Co. terms iv10. Accepted a $5.100, 3-month, 8% note from Malcolm Co.for balance due Collected Cato Company note in full Collected Rian Company note in full Sold $2.000 of merchandise to GerriInc. and accepted a $2.000 6-month, 11% note for the amount due Journalize the transactions. (Omit cost of goods sold entries) (Creditoccount 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 preventing utomatis updates Later - Assignment - Reporting and Analyzing Receivables Question 2 of 2 -/18 11