Marigold Company closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end. On June 30, the Notes Receivable account balance is $22,200. Notes Receivable include the following DateMaker Face ValueTerm Maturity Date Interest Rate April 21 Coote Inc. May 25 Brady Co. June 30 BMG Corp. 4,800 90 days July 20 6,600 60 days July 24 0,800 6 mont December 33 During July, the following transactions were completed. Mde ales of $4,800 on Marigold credit cards. 4 Made sales of $900 on Visa credit cards. The credit card service charge is 396. Received payment in full from Coote Inc. on the amount due. Received payment in full from Brady Co. on the amount due. 20 24 Your answer is partially correct. Try again. Journalize the July transactions and the July 31 adjusting entry for accrued interest receivable. (Interest is computed using 360 days; omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round intermediate calculations to 2 decimal places, e.g. 225.25.) Credit Sales Revenue uly 14 uly 20 Interest Revenue Interest Revenue Enter the balances at July 1 in the receivable accounts and post the entries to all of the receivable accounts. (Post entries in the order of journal entries posted in the previous part.) Notes Receivable 7/31 Bal. Accounts Receivable Interest Receivable TO TEXT LINK TO TO TEKT LINK TO 2 Your answer is partially correct. Try again Show the balance sheet presentation of the receivable accounts at July 31. Marigold Balance Sheet (Partial) uly 31 Current Assets Notes Receivable Interest Receivable