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nother question will save this response letion Status: estion 4 The following select transactions relate to Ryan Company. April 1: Accepted Jessie Company's $45,000, 3-month,

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nother question will save this response letion Status: estion 4 The following select transactions relate to Ryan Company. April 1: Accepted Jessie Company's $45,000, 3-month, 6% note for balance due April 4: Sold $350,000 of merchandise to Nina Company, terms 3/10, 1/30 April 10: Made Mastercard credit sales totaling $8,000. A 2.5% fee is charged by April 14: Received payment in full from Nina Company for the April 4th sale. April 15. Made Ryan Company credit card sales for $90,000 April 28: Collected $40,000 on Ryan Company's credit card sales. April 30: Ryan added 3.0% monthly interest to the customer's credit card balan May 1: Loaned $30,000 to Annie Company on a 9-month, 8% note. June 30: Prepared the adjusting entry assuming the following: bad debts are e $3,500 (before adjustment). All accounts have a normal balance. July 1: Jessie Company note was dishonored. Jessie is not bankrupt, future p= December 31: Accrued interest on the Annie Company note. Instructions: Journalize the transactions for Ryan Company. (Omit cost of ga for balance due pmpany, terms 3/10,n30. 3,000.A2.5% fee is charged by Mastercard, mpany for the April 4th sale. for $90,000. $ credit card sales. the customer's credit card balance. a 9-month, 8% note. ng the following: bad debts are expected to be 4% of accounts receivable, accounts red a normal balance. Jessie is not bankrupt, future payment is anticipated. Company note. Ryan Company. (Omit cost of goods sold entries.) Remember that journal entries do nx Credit Debit has a balance of $200,000 and the allowance account has a balance of signs

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