On January 1, 2020, Sunland Wholesalers had Accounts Receivable 136,000, Notes Receivable 25,200, and Allowance for Doubtful Accounts 14,500. The note receivable is from Swifty Company. It is a 4-month, 7% note dated December 31, 2019. Sunland prepares financial statements annually at December 31. During the year, the following selected transactions occurred. Jan. 5 20 Feb. 18 Apr. 20 30 May 25 Aug. 18. 25 Sept. 1 Sold 20,000 of merchandise to Sheldon Company, terms n/15. Accepted Sheldon's 20,000, 3-month, 6% note for balance due. Sold 8,200 of merchandise to Patwary Company and accepted Patwary's 8,200, 6-month, 7% note for the amount due. Collected Sheldon note in full. Received payment in full from Swifty Company on the amount due. Accepted Potter Inc.'s 4,400, 3-month, 5% note in settlement of a past-due balance on account. Received payment in full from Patwary on note due. The Potter Inc. note was dishonored. Potter is not bankrupt; future payment is anticipated. Sold 12,000 of merchandise to Stanbrough Company and accepted a 12,000, 6-month, 8% note for the amount due. Journalize the transactions. (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.) Date Account Titles and Explanation Debit Credit Journalize the transactions. (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.) Date Account Titles and Explanation Debit Credit