Journalize the following transactions:

Jan 15 Sold merchandise on account to Toy Co on account for $24,000. The cost of the merchandise sold was $15,000.

Mar. 1Received a 60-day, 6% note for $24,000, dated today, from Toy Co. on account.Apr. 30Received amount due on note from Toy Co.Apr. 31Received a 90-day, 12% note for $60,000, dated April 30, from Bear Co. on account.July 29Bear co. dishonored the note..

August 28: Cash is received from the amount of the dishonored note dated April 30 plus interest for 30 days at 15% on the full amount owed by Bear.