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

Question 4 Farwell Company closes its books monthly. On September 30, selected ledger account balances are: Notes Receivable Interest Receivable $33,000 201 Notes Receivable include the following Date Interest Face $ 9,600 Maker erm Aug. 16 Aug. 25 10% 9% 11% 60 days K. Goza Inc. Holt Co Noblitt Corp 9,000 60 days 14,400 6 months Sept. 30 Interest is computed using a 360-day year. During October, the following transactions were completed Made sales of $6,900 on Farwell credit cards Made sales of S700 on MasterCard credit cards. The credit card service charge is 3% Added $460 to Farwell customer balances for finance charges on unpaid balances Received payment in full from K. Goza Inc. on the amount due Received notice that the Holt note has been dishonored. (Assume that Holt is expected to pay in the future.) Oct. 7 12 15 15 24