I need help with this, I cannot figure out the missing items on the journal entriesMarin Company had the following select transactions.
Apr. Accepted Goodwin Company's month, note in settlement of a $ account receivable.
July Loaned $ cash to Thomas Slocombe on a month, note.
Dec. Accrued interest on all notes receivable.
Apr. Received principal plus interest on the Goodwin note.
Apr. Thomas Slocombe dishonored its note; Marin expects it will eventually collect.
Prepare journal entries to record the transactions. Marin prepares adjusting entries once a year on December List all debit entries
before credit entries. 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. If no entry is required, select No Entry" for the account titles and enter for the amounts.
To record collection of Goodwin note and interest
Notes Receivable
Interest Receivable
To record the dishonor of Thomas note
