Mendosa Company closes its books monthly. On September 30, selected ledger account balances are: Notes Receivable $33,000 Interest Receivable $ 170 Notes Receivable include the following. Date Maker Face Term Interest Aug. 16th Chang. Inc $8,000 60 days 8% Aug. 25th Hughey Co. $9,000 60 days 10% Sept. 30th Skinner Corp $16,000 6 months 9% interest is computed using a 360-day year. During october, the following transactions were completed. Oct 7 Made sales of $6,900 on Mendosa credit cards 12 Made sales of $900 on MasterCard Credit cards. The credit card service charge is 3%. 15 Added $460 to Mendosa customer balance for finance charges on unpaid balances 15 Received payment in full from Change Inc. on the amount due 24 Received notice that the Hughey note has been dishonored. (assume that Hughey is expected to pay in the furture) instructions (a) Journalize the October transactions and the October 31 adjusting engtry for accrued interest receivable (b) Enter the balances at October 1 in the receivable accounts. POst the entries to all of the receivable accounts. (c) Show the balance sheet presentation of the receivable accounts at October 31 Report Abuse