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The following selected transactions are from Martin Company 2016 Dec. 16 Accepted a $24,000, 60-day, 121 note dated this day in granting Kay Wright a tine extension on his past-due account receivable. 31 Made an adjusting entry to record the accrued interest on the Wright note. 2017 Feb. 14 Received Wright's payment of principal and interest on the note dated December 16. Mar. 2 Accepted a $7,000, 6, 90-day note dated this day in granting a time extension on the past-due account receivable fron Lee Co. 17 Accepted a $9,000, 30-day, 10t note dated this day in granting Carolyn Collins a tine extension on her past-due account receivable Apr. 16 Collins dishonored her note when presented for payment. May 31 Lee Co. refused to pay the note that was due to Martin Co. on May 31. Prepare the journal entry to charge the July 16 Received payment from Lee Co. for the maturity value of its dishonored note plus interest for 46 days beyond Aug. 7 Accepted a $14,000, 90-day, 12t note dated this day in granting a time extension on the past-due account Sep. 3 Accepted a $15,000, 60-day, 10% note dated this day in granting Jeffrey wilson a tine extension on his past-due dishonored note plus acerued interest to Lee Co. 's accounts receivable. maturity at 6 receivable of Perry Co account receivable Nov. 2 Received payment of principal plus interest from wilson for the September 3 note. Nov. 5 Received payment of principal plus interest from Perry for the August 7 note. Dec. 1 Wrote off the Collins account against the Allowance for Doubtful Accounts. RequirementJournal Trial Balance Schedule of Calculation of Ledger Interest Prepare the journal entries related to notes receivable and accounts recelvable. Hint: Use the "Calculation of Interest" tab to ensure the accuracy of your entries. View transaction list View transaction list Journal entry worksheet 2 678 ...11> 4 Apr. 16 Collins dishonored her note when presented for payment. Note: Enter debits before credits. Date General Journal Debit Credit Apr 16 Accounts receivable - C. Collins Interest revenue Notes receivable C. Collins Record entry Clear entry View general journal Requirement General Journal General Trial Balance Ledger Schedule of Calculation Interest Receivables Here are the balances in Accounts and Notes receivable based on your journal ent Dates Martin Co. Schedule of Accounts Receivable Total accounts receivable 0 Martin Co. Schedule of Notes Receivable Total accounts receivable Trial Balance Calculation of Intere

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