Current Attempt in Progress 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 $24,400. Notes Receivable include the following. Date Maker Face Value Term Maturity Date Interest Rate April 21 May 25 Coote Inc. $4,800 90 days July 20 8% Brady Co. 6,600 60 days July 24 10% June 30 BMG Corp. 13,000 6 months December 31 6% During July, the following transactions were completed. July 5 Made sales of $4,600 on Blossom credit cards. 14 Made sales of $600 on Visa credit cards. The credit card service charge is 2%. 220 20 Received payment in full from Coote Inc. on the amount due. 24 Received payment in full from Brady Co. on the amount due.