Journalize the transactions. Assume a 360 day year for all transactions related to interest calculations.

April 15 The $100,000 balance in notes payable is related to a 45-day 6% note issued on March 1. Paid the interest due and refinanced the principle with a new 60 day note at 7%.

April 20 Sold a $750,000 5 year bond, semi-annual interest at 6% when market is 8%

April 30 The cash sales for the month, according to the cash register records, totaled $27,525, including sales tax of $2,525. The actual cash received from cash sales was $27,625. Cost of goods sold related to these sales was $13,360.