Following are transactions of the Barnett Company (round the answer to two decimal places) 2020 Dec. 16 Accepted a $22.000. 60 day, 5% note dated this day in granting Carmel Karuthers a time extension on her past due account 31 Made an adjusting entry to record the certed interest on the Karuthers note. 31 Closed the Interest income account 2021 Feb. 14 Received Karuthers' payment for the principal and interest on the note dated December 16, Mar. 2 Accepted an $8.000, 4%, 90-day note dated this day in granting a time extension on the past due account of ATW Company 17 Accepted a $3.200.30-day4.5% note dated this day in granting Leroy Johnson a time extension on his past due secount May 31 Received ATW's payment for the principal and interest on the note dated March 2 Required Prepare journal entries to record the Barnett Company's transactions armales uncollected Los On July 31. Konrad International had $125.900 of accounts receivable. Prepare journal entries to record the following August transactions. Also, prepare any footnotes to the August 31 financial statements that should be reported as a result of these transactions Aug 2020 2 Sold merchandise to customers on credit. 56295. Cost of sales was S.350 7 Sold S18.770 of accounts receivable to Fidelity Bank. Fidelity charges a 1.5% fee. 15 Received payments from customers, $3,436, 25 Borrowed $10.000 from Fidelity Bank, pledging $14,000 of accounts receivable as sentity for the