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1- Sheridan Corporation sold goods to Rice Decorators for $66,000 on September 1, 2020, accepting Rices $66,000, 6-month, 6% note. Prepare Sheridans September 1 entry,

1- Sheridan Corporation sold goods to Rice Decorators for $66,000 on September 1, 2020, accepting Rices $66,000, 6-month, 6% note. Prepare Sheridans September 1 entry, December 31, annual adjusting entry, and March 1 entry for the collection of the note and interest. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

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