Record the following selected transactions in the general journal of J&S Event Planners. Explanations are not required. i (Click the icon to view the transactions.) Record the journal entry for each transaction. (Record debits first, then credits. Exclude explanations from journal entries. Leave unused cells blank. Round all amounts to the nearest cent.) December 12, 2022: Received a $5,775, 120-day, 8 percent note from Jacques Alard to settle his $5,775 account receivable balance. X More info December 12, 2022 Received a $5,775, 120-day, 8 percent note from Jacques Alard to settle his $5,775 account receivable balance. December 31, 2022 Made an adjusting entry to accrue interest on the Alard note. December 31, 2022 Made an adjusting entry to record bad debt expense in the amount of 4 percent of accounts receivable of $288 200. Prior to this, the opening balance in Allowance for Doubtful Accounts was zero. December 31, 2022 Recorded $88,000 of debit card sales. Royal Bank's debit card service fee is 2 percent. December 31, 2022 Made a compound closing entry for sales revenue, interest revenue, bad debt expense, and debit card service fees. April 11, 2023 Collected the maturity value of the Alard note. June 1, 2023 Lent $16,500 cash to Mercury Inc., receiving a 6-month, 7 percent note. October 31, 2023 Received a $3,025, 60-day, 8 percent note from Jay Nakashi on his past-due account receivable. December 1, 2023 Collected the maturity value of the Mercury Inc. note. December 30, 2023 Jay Nakashi dishonoured (failed to pay) his note at maturity. December 31, 2023 Wrote off as uncollectible the account receivable of Art Pierce, $853 and of John Grey, $623

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