Corbeil Food Product completed the following selected transactions: 2020: Nov. 1: sold goods to Sim's foods, receiving a $300 000, six-month, 5% note Dec; 10: recorded MasterCard credit card sales of $30 000. MasterCard charges 4% fee. Dec. 31: made an adjusting entry to record accrued interest on the Sim's note Dec. 31: made an adjusting entry to record bad debt expense based on an aging of accounts receivable that indicates that $ 154 000 will not be collected. Previous credit balance of the allowance for doubtful accounts is $ 140 000 2021: 1: collected the maturity value of the Sim's note June 23: sold merchandise to Fanzi's Food receiving a $18 000,30 days, 6% note July 23 : Fanzi's Food failed to pay its note at maturity Nov. 16 : lent $ 25 000 to Micha Inc. receiving a 120 days, 8% note Dec. 5: collected in full from Fanzi's Food Dec.31: recorded accrued interest on Micha's note REQUIRED: Record the transactions in the general journal. Include explanations Round your calculations to 2 decimals