Prepare general journal entries for the following transactions for the current year:
Apr. 25 Sold $4,500 of merchandise to Dunn Corp., receiving a 10%, 60-day. $4,500 note receivable.
June 24 The note of Dunn Corp., received on April 25 was dishonored.

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The Answer of Prepare general journal entries for the following transactions for the current year:
Apr. 25 Sold $4,500 of merchandise to Dunn Corp., receiving a 10%, 60-day. $4,500 note receivable.
June 24 The note of Dunn Corp., received on April 25 was dishonored.

Prepare General Journal Entries for the Following Transactions for the Current