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Novak Corp. 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

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Novak Corp. 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 $22,800. Notes Receivable indudes the following. During July, the following transactions were completed. days; omit cost of goods sold entries.) (Credit occount tities are outomotically indented when amount is entered Do not indant mant places, es. 5,275.)

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