MAKE SURE TO RECORD ALL TRANSACTIONS

P8-31A (similar to) EQuestion Help Comty Reclincr Chairs completed the following selected transactions: (Click the icon to view the transactions) Record the transactions in the journal of Comty Recliner Chairs Explanations are not required (Round to the nearest dollar) (Record debits tirst, then credits Exclude explanations from journal entries For notes stated in days, use a 365-day year) Begin with the transactions 2018 More Info Sold inventory to Green-Mart, receiving a $36 000 nine-month, 16% note, lanore Cost of Goods Sold Jul Debit Date Accounts Credit 2018 Jul. 1 Sold merchandise inventory to Green-Mart, receiving a S35,000. 2018 Jul. 1 31 Recorded cash sales for the period of $23.000, lanore Cost of Goods Oct Sold. Dec est on the Green Mart note enme Anue furspine UR ADRI S aging of accounts receivable The aging schedule shows that $14,200 of accounts recevable will not be collected Pnor to this Bad Debts i ent credit balance in Allowance $10 200 2019 Apr 1 Collected the maturity value of the Green-Mart note. Sold merchandise inventory to Allure, Corp, receiving a 60 day, 12 % Jun 23 Aug 22 Allure, Corp dishonored its note at matunity; the business converted the maturity value of the note to an account receivable 16 Loanbd s21.000 cash to Crowe, iving a 90-day, 10% note Nov 31 Accrued the interest on the Crowe, Inc