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Problem 10-02A (Part Level Submission) Sheridan Corporation de rock dimising products and separates an indeer dimbing facility for climbing enthusiasts. During the last part of

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Problem 10-02A (Part Level Submission) Sheridan Corporation de rock dimising products and separates an indeer dimbing facility for climbing enthusiasts. During the last part of 2022. Sheridan had the following transactions related to notes payable led a $14,400 note toppen to purchase Inventory. The 1-month note payable bears interest of 6% and is due December 1. (Sheridanuses a perpetual inventory system.) Sept. 30 Recorded accrued interest for the open not Oct. 1 Issued a $27,000, 9%, 1 month not to me Bank to finance the purchase of a new climbing wall for advanced dienbers. The note is due February 1 Oct 11 Recorded accrued interest for the open note and the Prime Bank note Issued a $30,000 note and paid $2,000 cash to purchase a vehide to transport dients to nearby cimbing sites as part of a new series of climbing dance. This note bears interest of and matures in 12 months No. 30 Iacorded inccrued interest for the opinnote, the Prime Banknote, and the valide note Dec. 1 Pald principal and interest on the Plopen notis Dec 31 Recorded accrued interest for the Prime Banknote and the vehide

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