Oriole Supply Co$.$ has the following transactions:

Nov. $1$ Loaned $$63,600$ cash to A$.$ Morgan on a one$-$year, $9\%$ note.

$15$

Sold goods to H$.$ Giorgi on account for $$14,400,$ terms $\frac{n}{30}.$ The goods cost Oriole $$9,000.$ Oriole uses the perpetual

inventory system.

Dec. $1$ Sold goods to Wrightman Inc., receiving a $$22,800,$ three$-$month, $7\%$ note. The goods cost Oriole $$15,200.$

$15$ H$.$ Giorgi was unable to pay her account. Giorgi gave Oriole a six$-$month, $8\%$ note in settlement of her account.

$31$ Accrued interest revenue on all notes receivable. Interest is due at maturity.

Mar. $1$ Collected the amount owing on the Wrightman note.

June

$15$

H$.$ Giorgi defaulted on the note. Future payment is expected.

Record the transactions for Oriole Supply Co$.($Credit account titles are automatically indented when the amount is entered. Do not indent

manually. If no entry is required, select $"$No Entry" for the account titles and enter $"$O$"$ for the amounts. List all debit entries before credit entries.

Record journal entries in the order presented in the problem.$)$

$($To record sales on account.$)$

$($To record cost of goods sold.$)$

$($To record sales in exchange for a note receivable.$)$

$($To record cost of goods sold.$)$