Prepare journal entries to record the following transactions entered into by the Sheridan Company. Omit cost of goods sold entries. $($Credit account titles are outomatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

$2024$

June $1$ Recelved a $$15,600,9\%,1-$year note from Luke Bryan as full payment on his account.

Nov. $1$ Sold merchandise on account to Ace, Inc., for $$20,000,$ terms $\frac{3}{10},\frac{n}{30}.$

Nov. $5$ Ace, Inc., returned merchandise worth $$1,300.$

Nov. $9$ Received payment in full from Ace, Inc.

Dec. $31$ Accrued interest on Bryan's note.

$2025$

June $1$ Luke Bryan honored his promissory note by sending the face amount plus interest.

Date

$2024$

Account Titles and Explanation

Debit

Credit

June $1$

Nov. $1$

$$

Nov. $9$

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${2025}_{?}$

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