Boise Tractor Company hired a new auditor, DeBruins & Co$.$ Upon review of their accounting records, DeBruins made some suggestions regarding the information classified in the single account titled Accounts Receivable. The auditors found the following:

Accounts Receivable $($trade$)$ $$8,875$

Advances to Employees $2,475$

Deposit to guarantee performance $19,000$

Utility Deposit $750$

Notes Receivable $($trade$)$ due in $2$ years $14,500$

Interest Receivable, due in $6$ months $1,250$

Required:

$1.$ Prepare the journal entry to separate the items into their proper accounts.

$2.$ How should the items be reflected on Boise Tractor$$s balance sheet?