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Concord 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

Concord 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 $22,400. Notes Receivable include the following. Date April 21 May 25 June 30 July 5 14 20 Maker 24 Coote Inc. Brady Co. BMG Corp. Face Value $5,600 6,600 During July, the following transactions were completed. 10,200 Term 90 days 60 days 6 months Maturity Date July 20 July 24 December 31 Interest Rate Made sales of $4,800 on Concord 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. 6% 8% 4%
please help with all parts, i tried part a but i keep getting stuck. THANK YOU SO MUCH!
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Concord 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 $22,400. Notes Receivable include the following During July, the following transactions were completed. July 5 Made sales of $4,800 on Concord credit cards. 14 Made sales of $600 on Visa credit cards. The credit card service charge is 3%. 20 Received payment in full from Coote Inci on the amount due. 24 Received payment in full from Brady Co, on the amount due. 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 joumal entries posted in the previous part.) Journalize the July transactions and the July 31 adjusting entry for accrued interest receivable. (Interest is computed using 360 days for terms expressed in days; omit cost of goods sold entries.) (Credit account titles are aufomatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round intermediate calculations to 2 decimal places, e.g. 225.25.) Show the balance sheet presentation of the receivable accounts at July 31,2022

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