Record the transactions in the journal of New Style Recliner Chairs. Explanations are not required. (Round to the nearest dollar) (Record debits first, then credits. Exclude explanations from journal entries. For notes stated in days, use a 365-day year) Begin with the transactions for 2018. More Info Jul. Sold inventory to Great -Mart, receiving a $43,000, nine-month, 8% note. Ignore Cost of Goods Sold. Date Accounts Debit Credit 2018 2018 a $43.000 Jul Jul. 1 Sold meriano e Cot of Goods Sold 31 Recorded cash sales for the period of $21,000. Ignore Cost of Goods Sold Oct Dec ote 8diustinn entry to record bad deht excense hesed 31 Made aging of accounts receivable. The aging schedule shows that this 13,100 of accounts recevable W De co $10.200 2019 23 Sold merchandise inventon to Aeict Coe " note for $8.000, lanore Cost of Goods Sold. 22 Artist, Corp. dishonored its note at maturity; the business converted the maturity value of the note to an account receivable. ue g a 60-day, 9% Aug 16 0-day, 12% note ing Dec 5 Collected in full on account from Artist, Corp. 31 Accrued the interest on the Creed, Inc. note Print Done