Jan. 3 Loaned $18,000 cash to Trina Gelhaus, receiving a 90 -day, 8% note. Feb. 10 Sold merchandise on account to Bradford \& Co., \$24,000. The cost of goods sold was $14,400. 13 Sold merchandise on account to Dry Creek Co., $80,000. The cost of goods sold was $54,000. Mar. 12 Accepted a 60 -day, 7% note for $24,000 from Bradford \& Co. on account. 14 Accepted a 60-day, 9% note for $60,000 from Dry Creek Co. on account. Apr. 3 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 debit and the credit to the notes receivable account.) May 11 Received from Bradford \&. Co. the amount due on the note of March 12. 13 Dry Creek Co. dishonored its note dated March 14. July 12 Received from Dry Creek Co. the amount owed on the dishonored note, plus interest for 60 days at 12% computed on the maturity value of the note. Aug. 1 Received from Trina Gelhaus the amount due on her note of April 3. Oct. 5 Sold merchandise on account, terms 2/10, n/30, to Halloran Co., $13,500. Record the sale net of the 2% discount. The cost of goods sold was $8,100. 15 Received from Halloran Co. the amount of the invoice of October 5 , less 2% discount. Advertising expense Total administrative expense Jul. 31 Add: Deposit of October 31, not recorded by bank Bad Debt Expense Joumalize the entries to record the transactions. Assume a 360-day year. Assume this is a year in which February has 28 days