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On January 15, 2018, Craig Company Received a Two-Month, 9

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On January 15, 2018, Craig Company received a two-month, 9%, $9,000 note from William Pentel for the settlement of his open account. The entry by Craig Company on March 15, 2018 if Pentel dishonors the note and collection is expected is: On January 15, 2018, Craig Company received a two-month, 9%, $9,000 note from William Pentel for the settlement of his open account. The entry by Craig Company on March 15, 2018 if Pentel dishonors the note and collection is expected is:

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