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as well as the nets and account balances Sandhill Company closes its books on its July 31 year-end. The company does not make entries to

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Sandhill Company closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its yearend. On June 30, the Notes Receivable account balance is $25,800. Notes Receivable include the following. During July, the following transactions were completed. July 5 Made sales of $4,050 on Sandhill credit cards. 14 Made sales of $700 on Visa credit cards. The credit card service charge is 3%. 20 Received payment in full from Coote Inc, on the amount due. 24 Received payment in full from Brady Co, on the amount due. Enter the balances at July 1 in the recelvable accounts and post the entries to all of the receivable accounts. Post entries in the order of foumal enciles presented lin the previous part)

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