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Venetian Food Products completed the following selected transactions: A (Click the icon to view the transactions.) Required Record the transactions in the general journal. Explanations are not required. More Info 2019 Nov. 1 Sold goods to Newport Foods, receiving a $360,000, 6-month, 6-percent note. Ignore cost of goods sold. Dec. 5 Recorded VISA credit card sale of $32,000. VISA charges a 4.75-percent fee. 31 Made an adjusting entry to accrue interest on the Newport note. 31 Made an adjusting entry to record bad debt expense based on an aging of accounts receivable. The aging analysis indicates that $170,000 of accounts receivable will not be collected Prior to this adjustment the credit balance in Allowance for Doubtful Accounts is $154,000 2020 May 1 Collected the maturity value of the Newport note 15 Received a 60-day, 9-percent, 58.000 note from Seaside Market on account 23 Sold merchandise to My Foods, receiving a 30-day, 7-percent note for $34.000. Ignore cost of goods sold Jul. 14 Collected the maturity value of the Seaside Market note. 32 M Erode dichon und failed to vie maturit Print Done i More Info JT WUE O usury cry u LETUE WEISE UIT UIC FWPUTETTUIE 31 Made an adjusting entry to record bad debt expense based on an aging of accounts receivable. The aging analysis indicates that $170,000 of accounts receivable will not be collected. Prior to this adjustment, the credit balance in Allowance for Doubtful Accounts is $154,000 2020 May Jul. 1 Collected the maturity value of the Newport note 15 Received a 60-day, 9-percent, $8,000 note from Seaside Market on account. 23 Sold merchandise to My Foods, receiving a 30-day, 7-percent note for $34,000. Ignore cost of goods sold 14 Collected the maturity value of the Seaside Market note. 23 My Foods dishonoured (failed to pay) its note at maturity: converted the maturity value of the note to an account receivable 16 Lent $41,000 cash to Urban Provisions receiving a 120-day 10-percent note 5 Collected in full from My Foods 31 Accrued the interest on the Urban Provisions note Nov. Dec Print Done November 1. Sold goods to Newport Foods, receiving a $360,000, 6-month, 6 percent note. Ignore cost of goods sold. (Record debits first, then credits. Exclude explanations from journal entries.) General Journal Date Accounts Debit Credit 2019 December 5. Recorded VISA credit card sale of $32,000. VISA charges a 4.75-percent fee. (Round your answers to the nearest cent.) General Journal Date Accounts Debit Credit Dec December 31. Made an adjusting entry to accrue interest on the Newport note. (Round your answers to the nearest cent.) General Journal Date Accounts Debit Credit Dec December 31. Made an adjusting entry to record bad debt expense based on an aging of accounts receivable. The aging analysis indicates that $170,000 of accounts receivable will not be collected Prior to this adjustment the credit balance in Allowance for Doubtful Accounts is $154,000 General Journal Date Accounts Debit Credit Dec May 1. Collected the maturity value of the Newport note. (Round your answers to the nearest cent.) General Journal Accounts Date Debit Credit 2020 May May 15. Received a 60-day, 9-percent $8,000 note from Seaside Market on account. General Journal Date Accounts Debit Credit June 23. Sold merchandise to My Foods, receiving a 30-day, 7-percent note for $34,000. Ignore cost of goods sold. General Journal Date Accounts Debit Credit Jun. July 14. Collected the maturity value of the Seaside Market note. (Round your answers to the nearest cent.) General Journal Date Accounts Debit Credit July 23. My Foods dishonoured (failed to pay) its note at maturity, converted the maturity value of the note to an account receivable. (Round your answers to the nearest cent General Journal Date Accounts Debit Credit November 16. Lent $41,000 cash to Urban Provisions, receiving a 120-day, 10-percent note. General Journal Date Accounts Debit | Credit Nov. December 5. Record the collection from My Foods Corp. (Round your answers to the nearest cent.) General Journal Accounts Date Debit Credit December 31. Accrued the interest on the Urban Provisions note. (Round your answers to the nearest cent.) General Journal Accounts Date Debit Credit Dec