eBook Calculator Sales and notes receivable transactions Chart of Accounts Journal Instructions of The following were selected from among the transactions completed by Caldemeyer Co during the current year Caldemeyer coses and instalis home and business security Systems Jan. 3. Feb. 10 13. Mar. 12 Apr. 3. Loned $18,000 cash to Trina Gelhaus, receiving a 90-day, 9 note Sold merchandise on account to Bradford & Co. 522. 200. The cost of the merchandise sold was $13,320 Sold merchandise on account to Dry Creek Co., 558.200 The cost of merchandise sold was $52,380 Accepted a 60-day, 8% note for $22.200 from Bradford & Co on account Accepted a 60-day, 9 note for 558.200 from Dry Creek Co on account Received the interest due from Trina Gelhaus and a new 120 day, 9 note as a renewal of the loan of January 3. (Record both the debt and the credit to the notes receivable account. Use a compound journal entry with debits before credits.) Received from Bradford & Co the amount due on the note of March 12 Dry Creek Co. dishonored its note dated March 14. Received from Dry Creek Co the amount owed on the dishonored note plus interest for todays at 12% computed on the maturity value of the note Received from Trina Gelhaus the amount due on her note of Apr 3 May 11. July 12 Aug 1 Oct 5. 15. Sold merchandise on account to Halloran Co. $13.600. The cost of the merchandise sold was $8160 Received from Halloran Co the amount of the invoice of October 5 Required: Assume 360-year when Joumalize the entries to record the transachons Refer to the Chart of Accounts for exact word ng or account calculating interest Sales and notes receivable transactions Chart of Accounts Journal Journal JOURNAL Sales and notes receivable transactions Chart of Accounts Journal Check My Work Book Calculator Sales and notes receivable transactions Instructions Chart of Accounts Journal Instructions Chart of Accounts General Ledger ASSETS REVENUE 410 Sales 420 Sales Discounts 610 Interest Revenue 110 Cash 111 Petty Cash 121 Accounts Receivable-Bradford & Co. 122 Accounts Receivable-Dry Creek Co. 123 Accounts Receivable-Trina Gelhaus 124 Accounts Receivable-Halloran Co. 129 Allowance for Doubtful Accounts 131 Interest Receivable 132 Notes Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 181 Land 191 Store Equipment 192 Accumulated Depreciation-Store Equipment 193 Office Equipment 194 Accumulated Depreciation Office Equipment EXPENSES 510 Cost of Merchandise Sold 520 Sales Salaries Expense 521 Advertising Expense 522 Depreciation Expense-Store Equipment 523 Delivery Expense 524 Repairs Expense 529 Seling. Expenses 530 Office Salaries Expense 531 Rent Expense 532 Depreciation Expense-Office Equipment 533 Insurance Expense 534 Office Supplies Expense 535 Store Supplies Expense 536 Credit Card Expense 537 Cash Short and Over 530 Bad Debt Expense 539 Miscellaneous Expense 710 Interest Expense LIABILITIES 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 214 Interest Payable My Work Instructions Chart of Accounts 129 Allowance for Doubtful Accounts 131 Interest Receivable 132 Notes Receivable 141 Merchandise Inventory 145 Office Supplies 520 Sales Salaries Expense 521 Advertising Expense 522 Depreciation Expense Store Equipment 523 Delivery Expense 524 Repairs Expense 529 Selling Expenses 530 Office Salaries Expense 531 Rent Expense 532 Depreciation Expense-Office Equipment 146 Store Supplies 151 Prepaid Insurance 181 Land 191 Store Equipment 192 Accumulated Depreciation Store Equipment 193 Office Equipment 533 Insurance Expense 194 Accumulated Depreciation Office Equipment LIABILITIES 534 Office Supplies Expense 535 Store Supplies Expense 536 Credit Card Expense 537 Cash Short and Over 538 Bad Debt Expense 539 Miscellaneous Expense 710 Interest Expense 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 214 Interest Payable 215 Notes Payable EQUITY 310 Owner, Capital 311 Owner, Drawing 312 Income Summary Check My Work