Pharoah Company 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 $27,600. Notes Receivable include the following. Date Maker Face Value Term Maturity Date Interest Rate April 21 Coote Inc. $6,000 90 days July 20 8% * May 25 Brady Co. 8,400 60 days July 24 11% June 30 BMG Corp. 13,200 6 months December 31 5% During July, the following transactions were completed. July 5 Made sales of $4,060 on Pharoah credit cards. 14 20 24 24 Made sales of $900 on Visa credit cards. The credit card service charge is 3%. Received payment in full from Coote Inc. on the amount due. Received payment in full from Brady Co. on the amount due. Journalize the July transactions and the July 31 adjusting entry for accrued interest receivable. (Interest is computed using 360 days.) (Omit cost of goods sold entries.) (List all debit entries before credit 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. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation July 5 Accounts Receivable Sales Revenue July 14 v Cash July 20 Service Charge Expense Sales Revenue Cash Debit 4060 873 27 6120 Credit