Blossom 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 $27,800. Notes Receivable include the following Maker Term Maturity Date Interest Rate Face Value $5,600 90 days 7% Date April 21 May 25 June 30 Coote Inc Brady Co 60 days July 20 July 24 December 31 7,800 14,400 99 BMG Corp. 6 months 6% During July, the following transactions were completed July 5 14 Made sales of $4,500 on Blossom credit cards. Made sales of $600 on Visa credit cards. The credit card service charge is 3%. Received payment in full from Coote Inc. on the amount due. Received payment in full from Brady Co, on the amount due. 20 24 Journalize the July transactions and the July 31 adjusting entry for accrued interest receivable. (Interest is computed using 360 days: omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit July 5 Accounts Receivable 4500 Sales Revenue 4500 July 14 Cash 873 Service Charge Expense 18 Sales Revenue 600 July 20 Cash Interest Revenue 70 Notes Receivable 4000 July 24 Cash Interest Revenue Notes Receivable 7800 July 31 Interest Recelvable Interest Revenue