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

Notes Receivable	$35,400
Interest Receivable	195

Notes Receivable include the following.

Date	Maker	Face	Term	Interest
Aug. 16	K. Goza Inc.	$13,200	60 days	8%
Aug. 25	Holt Co.	9,000	60 days	7%
Sept. 30	Noblitt Corp.	13,200	6 months	9%

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

Oct. 7	Made sales of $6,800on Farwell credit cards.
12	Made sales of $700on MasterCard credit cards. The credit card service charge is2%.
15	Added $460to 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.)

(a)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.)

Date	Account Titles and Explanation	Debit	Credit
Oct. 1Oct. 7Oct. 12Oct. 15Oct. 24Oct. 31
Oct. 12
Oct. 1Oct. 7Oct. 12Oct. 15Oct. 24Oct. 31
Oct. 1Oct. 7Oct. 12Oct. 15Oct. 24Oct. 31
Oct. 1Oct. 7Oct. 12Oct. 15Oct. 24Oct. 31
Oct. 1Oct. 7Oct. 12Oct. 15Oct. 24Oct. 31