Question 6 of 6 - / 1 III Current Attempt in Progress Flint Corporation 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 $25,600. Notes Receivable include the following. Date Interest Rate 994 April 21 May 25 June 30 Maker Coote Inc. Brady Co BMG Corp. Face Value $4.000 8.400 13.200 Term 90 days 60 days 6 months Maturity Date July 20 July 24 December 31 10% 5% During July, the following transactions were completed, July 5 14 20 24 Made sales of $4.800 on Flint Corporation credit cards. Made sales of $800 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.) Date Account Titles and Explanation Debit Credit 4800 July 5 Accounts Receivable 1035 AM Type here to search ** o