Problem 9-06A a-c Cheyenne 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 June 30, the Notes Receivable account balance is $24,700. Notes Receivable include the following Maker Maturity Date Date Face Value Interest Rate 5% 5% 4% Term pril 21Coote Inc May 25 rady Co June 30 BMG Corp. $4,000 90 days July 20 5,400 60 days 15,300 6 months December 31 July 24 During July, the following transactions were completed July 5 14 20 24 Made sales of $4,100 on Cheyenne credit cards Made sales of $700 on Visa credit cards. The credit card service charge is 3% Received payment in full from Coote Inc. on the amount due Received payment in full from Brady Co. on the amount due Journalize the July transactions and the July 31 adjusting entry for accrued interest receivable. (Interest is computed using 360 days; omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem Round intermediate calculations to 2 decimal places, e.g. 225.25.) Debit Credit SHOW LIST OF ACCOUNTS Enter the balances at July 1 in the receivable accounts and post the entries to all of the receivable accounts. (Post entries in the order of journal entries posted in the previous part.) Notes Receivable Accounts Receivable Interest Receivable SHOW LIST OF ACCOUNTS Show the balance sheet presentation of the receivable accounts at July 31. Cheyenne Balance Sheet (Partial) Click if you would like to Show Work for this question: Open Show Work