Farwell Company closes its books monthly. On September 30, selected ledger account balances are:

Notes Receivable		$35,600
Interest Receivable		222

Notes Receivable include the following.

Date		Maker		Face		Term		Interest
Aug. 16		K. Goza Inc.		$ 12,000		60 days		10%
Aug. 25		Holt Co.		8,000		60 days		9%
Sept. 30		Noblitt Corp.		15,600		6 months		11%

Interest is computed using a 360-day year. During October, the following transactions were completed.

Oct. 7		Made sales of $6,900 on Farwell credit cards.
12		Made sales of $900 on MasterCard credit cards. The credit card service charge is 1%.
15		Added $460 to Farwell customer balances for finance charges on unpaid balances.
15		Received payment in full from K. Goza Inc. on the amount due.
24		Received notice that the Holt note has been dishonored. (Assume that Holt is expected to pay in the future.)

Journalize the October transactions and the October 31 adjusting entry for accrued interest receivable. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. Use 360 days for calculation.) Enter the balances at October 1 in the receivable accounts. Post the entries to all of the receivable accounts. (Post entries in the order of journal entries presented in the previous part.) Show the balance sheet presentation of the receivable accounts at October 31. (List Current Assets in order of liquidity.)