Record cash sales for the period of $15,000$ in oct $31,20252024$

Jul. $1$

Oct. $31$

Dec. $31$

Sold merchandise inventory to Go$-$Mart, receiving a $$35,000,$ nine$-$month, $16\%$ note. Ignore Cost o Goods Sold.

Recorded cash sales for the period of $$15,000.$ Ignore Cost of Goods Sold.

Dec. $31$ Made an adjusting entry to accrue interest on the Go$-$Mart note.

Made an adjusting entry to record bad debt expense based on an aging of accounts receivable. Th aging schedule shows that $$14,600$ of accounts receivable will not be collected. Prior to this adjust the credit balance in Allowance for Bad Debts is $$11,400.$

$2025$

Apr. $1$ Collected the maturity value of the Go$-$Mart note.

Jun. $23$ Sold merchandise inventory to Ambiance, Corp., receiving a $60-$day, $6\%$ note for $$9,000.$ Ignore Cc Goods Sold.

Aug. $22$ Ambiance, Corp. dishonored its note at maturity; the business converted the maturity value of the r an account receivable.

Nov. $16$ Loaned $$18,000$ cash to Creed, Inc., receiving a $90-$day, $14\%$ note.

Dec. $5$ Collected in full on account from Ambiance, Corp.

Dec. $31$ Accrued the interest on the Creed, Inc. note.. Ignore cost of goods sold