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3. Avon Surf Co. has a 4-month note receivable due to them on April 30, 2020....

3. Avon Surf Co. has a 4-month note receivable due to them on April 30, 2020. Along with the principle amount of $6,000, $140 in total interest will be due to them along with the note at maturity (so $35 per month). The entry to record the quarterly accrual of interest at March 31 will include a credit to

4. On April 1, 2020, Beachee Co. sold a machine for $28,000 that was purchased on January 1, 2017. The machine cost $75,000 on that date and had a useful life of 5 years with no salvage value. Depreciation has been recorded through December 31, 2019. When Beachee records the sale, it will recognize

5. PS Property Maintenance writes off the $250 balance for customer Nancy Cole after it decides the amount is uncollectible. One month later, Nancy reaches out and offers to pay her $250 balance. As a part of the entries to reverse the write-off and record collection of the balance due, PS will debit

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