Ayayai Company closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year- end. On June 30, the Notes Receivable account balance is $23,800. Notes Receivable include the following. Date Maker Face Value Term Maturity Date Interest Rate April 21 May 25 Coote Inc. $4,800 90 days July 20 8% Brady Co. 7,800 60 days July 24 10% June 30 BMG Corp. 11,200 6 months December 31 6% During July, the following transactions were completed. July 5 Made sales of $5,100 on Ayayai credit cards. 14 Made sales of $500 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. Date Account Titles and Explanation Debit y5 Accounts Receivable Sales Revenue uly 14 V Cash y 20 Service Charge Expense Sales Revenue Cash Interest Revenue Notes Receivable y 24 Cash Interest Revenue Notes Receivable 5100 485 15 4896 7930 y 31 Interest Receivable 50 interest revenue Credit 5100 500 96 4800 130 7800 50 Enter the balances at July 1 in the receivable accounts and post the entries to all of the receivable accounts. (Post entries in the order of journal entries posted in the previous part.) > > Notes Receivable Accounts Receivable Interest Receivable