Prepare journal entries to record the following transactions entered into by the Whispering Winds Corp.:...
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Prepare journal entries to record the following transactions entered into by the Whispering Winds Corp.: (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.) 2021 June 1 Received a $15,900, 8%, 1-year note from Dan Gore as full payment on his account. Nov. 1 Sold merchandise on account to Barlow, Inc., for $16,000, terms 3/10, n/30. Nov. 5 Barlow, Inc., returned merchandise worth $1,100. Nov. 9 Received payment in full from Barlow, Inc. Dec. 31 Accrued interest on Gore's note. 2022 June 1 Dan Gore honored his promissory note by sending the face amount plus interest. Date Account Titles and Explanation Debit Credit June 1 4 Notes Receivable Accounts Receivable Accounts Receivable Sales Returns and Allowances Sales Returns and Allowances Accounts Receivable Cash Accounts Receivable 2022
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