Journal entry worksheet 2345678910 Sold merchandise to Lennok, Incorporated, for $24,000 and accepted a 10%. 7 -month note. 10W is an appropriate rate for this type of note. Record the transection. Prepare any necresary adfusting entries at Decrmber 31, 2024. Adjusting entries are only rooorded at ytar-end. Complete this question by etering vour answers in the tabs below. Prepare a schedule showing the effect of the journal entries on 2024 income before taxes. Note: Decreases should be indicated with a minus sign. following transactions related to recelvabies occurred: this trice of nete. cave discouts. the resivioles trinitered. The sule criteris are net. without rectoure. Required: 1. Prepere the necestary journal mines for Evergreen for esch of me above cates. For wansactuos imoling the sale of merchandse, grore the entry for the coct of goods sola. Complete this question ly entering vour anwwers in the tatss below