Prepare general journal entries for the following transactions of Laurier Company, who use the perpetual inventory system: Apr. 1 Sold $12,500 of merchandise (Cost $10,500) to flight Co., receiving a 10%, 120-day note. 15 Wrote off $2,000 owed by FCB Co. as worthless. (The allowance method of accounting for bad debts is used.) 30 Received a $10,800, 10%, 30-day note receivable from Cruise Co. as an extension of credit. May 1 Issued a $7,000, 9%, 60 day note to Auggie Co. for cash. 30 Note received on April 30 was collected. June 30 Auggie Co. honoured May 1st note. 30 Accrued interest on outstanding notes. July 15 FCB Co. paid $1,000 of the amount written off on April 15 above. Laurier does not expect to receive any further payments