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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

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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 fune 30 , the Notes Recetvable account balance is $23,600. Notes Recelvable include the followine During July, the following transactions were completed July5 Made sales of $4,110 on Pharoah credit cards. 14 Mode sales of 5600 on Vis etedit eards. The eredit cand service charge is 3%. 20 Recelved payment in full from Coote inc, on the amount due. 24. Received payment in full from Brady Co. on the amount due. Journalize the July transactions and the July 31 adjusting entry for accrued interest recelvable. (Interest is computed using 360 anount is entered. Do not indent manuolik. Record joumal entries in the order presented in the problem. If no entry is nequined, select "No Entry' for the occount tilles and enter O for the amounts.)

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