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28. Record journal entries for the following transactions of Piano Wholesalers. Questions 28 through 31 are all part of the same question. A. Jan. 1, 2018 Issued a $1,235,650 note to customer Arrowstar as terms of a merchandise sale. The merchandise's cost to Piano Wholesalers is $602,000. Note contract terms included a 24-month maturity date and a 3.4% annual interest rate. Jan. 1, 2018 Sales Revenue Notes Receivable: Arrowstar 1,277,662 1.277,662 Jan. 1, 2018 Cost of Goods Sold Merchandise Inventory 602,000 602,000 0 Jan 1, 2018 Notes Receivable: Arrowstar Sales Revenue 1,235,650 1.235,650 Jan. 1. 2018 Cost of Goods Sold Merchandise Inventory 602,000 602,000 Jan 1, 2018 Sales Revenue Accounts Receivable: Arrow Star 1,235,650 1 235,650 Jan. 1. 2018 Merchandise Inventory Cost of Goods Sold 602,000 602,000 Jan. 1. 2018 Notes Receivable: Arrowstar Sales Revenue 1,277,662 1.277.662 Jan. 1. 2018 Cost of Goods Sold Merchandise Inventory 602,000 602.000 Pregunta 29 1 pts 29. Record journal entries for the following transactions of Piano Wholesalers. Questions 28 through 31 are all part of the same question. B. Dec. 31, 2018 Piano Wholesalers records interest accumulated for 2018. Account Debit [ Seleccionar V [ Seleccionar ] [ Seleccionar [ Seleccionar 30. Record journal entries for the following transactions of Piano Wholesalers. Questions 28 through 31 are all part of the same question. C. Dec. 31, 2019 Piano Wholesalers converts Arrowstar's dishonored note into account receivable. This includes accumulated interest for the 24-month period. Account Debit [ Seleccionar [Seleccionar [Seleccionar 1,235,650.00 [ Seleccionar [Seleccionar Seleccionar Seleccionar 31. Record journal entries for the following transactions of Piano Wholesalers. Questions 28 through 31 are all part of the same question. D. April 12, 2020 Piano Wholesalers sells the outstanding debt from Arrowstar to a collection agency at 32% of the accounts receivable value. Account Debit [ Seleccionar ) V [ Seleccionar ]

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