On January 1, 2025, Sheridan Company had Accounts Receivable of $57,400 and Allowance for Doubtful Accounts of $3,400. Sheridan Company prepares financial statements annually. During the year, the following selected transactions occurred. Jan. 5 Feb. 2 12 26 Apr. 5 12 June 2 15 Sold $4,500 of merchandise to Rian Company, terms n/30. Accepted a $4,500, 4-month, 8% promissory note from Rian Company for balance due. Sold $10,000 of merchandise to Cato Company and accepted Cato's $10,000, 2-month, 9% note for the balance due. Sold $5,100 of merchandise to Malcolm Co., terms n/10. Accepted a $5,100, 3-month, 8% note from Malcolm Co. for balance due. Collected Cato Company note in full. Collected Rian Company note in full. Sold $2,000 of merchandise to Gerri Inc. and accepted a $2,000, 6-month, 11% note for the amount due.

On January 1, 2025, Sheridan Company had Accounts. Receivable of $57,400 and Allowance for Doubtful Accounts of $3,400. Sheridan Company prepares financial statements annually. During the year, the following selected transactions occurred. Jan. 5 Sold $4,500 of merchandise to Rian Comparry, terms n/30. Feb. 2 Accepted a $4,500,4-month, 8% promissory note from Rian Company for balance due: 12 Sold $10,000 of merchandise to Cato Company and accepted Catos $10,000,2-month, 9% note for the balance due. 26 Sold $5,100 of merchandise to Malcolm Co, terms n/10. Apr. 5 Accepted a \$5,100,3-month, 8\% note from Malcolm Co, for balance due, 12 Collected Cato Company note in full. June 2 Collected Rian Compary note in full. 15. Sold $2.000 of merchandise to Gerrilnc and accepted a $2.000,6 - month, 11% note for the amount due. Journalize the transactions. (Omit cost of goods sold entries) What alf debit entries before credif entries. Credit eccount titles are outomatically indented when ampunt is entered. Do not indent nunually. Recond joumal entries in the order presented lin the probfem. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts