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**can you please help me with Cash and Accounts receivable**

View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Larkspur Company had the following select transactions, Apr. 1.2022 July 1.2022 Dec 31, 2022 Apr. 1.2023 Apr. 1.2023 Accepted Goodwin Company's 12-month, 6% note in settlement of a $45.000 account receivable Loaned $16.000 cash to Thomas Slacombe on a 9-month, 11% nate Accrued interest on all notes receivabin. Received principal plus interest on the Goodwin note. Thomas Slocombe dishonored its note; Larkspur expects it will eventually collect Prepare journal entries to record the transactions. Larkspur prepares adjusting entries once a year on December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Debit Credit Date Account Titles and Explanation 45000 Notes Receivable 45000 Accounts Receivable 16000 Notes Relate 16000 2025 Interest Receivable Question 6 of 7 1.93/2 No Receive 45000 Accounts Receivable 71/22 No Rece 55000 16000 12/3122 Recev 3005 Inters 2005 (To record interested on Goodwin role) West Rece 12/3122 380 Inter RO (To record interest accrued on Thomas note) Cash 45000 Not Receivable 2005 675 To record om of Goodwinner interest) 1330 850 (To record the dishonor of Thomas) 4

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