please answer both questions

On January 2, Lawn Ltd, sold merchandise on account to R. Daniel for $53,000, terms /30. The company uses a perpetual inventory system and the merchandise originally cost $31,300. On February 1. R. Daniel gave Lawn a five-month, 6% note in settlement of this account. Interest is due at the beginning of each month, starting March 1 On April 30, Lawn's year end, annual adjusting entries were made. On July 1, R. Daniel paid the note and any remaining interest. Prepare the journal entries for Lawn to record the transactions only on the dates listed above. (List all debit entries before credit entries. 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 for the amounts) Date Account Titles and Explanation Debit Credit (To record sales) (To record cost of merchandise sold; (To record cost of merchandise sold) 7 Finning International Inc. had the following balances in its short-term receivable accounts at December 31, 2018 (in millions): Allowance for Doubtful Accounts $42: Other Receivables $61; and Trade Accounts Receivable (gross) $950. Show the presentation of Finning's receivables in the current assets section of its statement of financial position at December 31 (List Current Assets in order of liquidity) FINNING INTERNATIONAL INC. Statement of Financial Position (Partial) (in millions) Assets