Confectioners: Mar. 1: Sold $20,000 of merchandise to Lee Ltd., terms 2/10,n/30. Mar 11: Received payment in full from Lee for balance due from the March 1 transaction. Mar 12: Accepted Juno Company's \$20,000, 6month, 12% note for balance due on outstanding account receivable. Mar 13: Made Delano credit card sales for $13,200. Mar 15: Made Visa credit card sales totaling $6,700. A 3% service fee is charged by Visa. Apr. 11: Sold accounts receivable of $8,000 to Harcot Factor. Harcot assesses a service charge of 2% of the amount of receivables sold. April 13: Received collections of $8,200 on Delano credit card sales and added finance charges of 1.5% to the remaining balances. May 10: Wrote off as uncollectible $16,000 of accounts receivable. Delano uses the percentageof-receivables basis to estimate bad debts. June 30: Accounts receivable total \$2,000,000. The bad debt percentage is 1% of accounts receivable. At June 30, the balance in the allowance account is a credit balance of $3,500 before adjustment. July 16: One of the accounts receivable written off in May was from Juli Chan, who pays the amount due, $4,000, in full. Instructions: Prepare the journal entries for the transactions