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Required: Journalize the entries to record the transactions. Assume 360 days in a year. For a compound entry, if an amount box does not require

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Required: Journalize the entries to record the transactions. Assume 360 days in a year. For a compound entry, if an amount box does not require an entry, leave if blank Oct. 14 Nov. 13 Dec. 28 Sales and Notes Receivoble Transactions The following were selected from among the transactions completed during the current year by Danix Co, an appliance wholesale comparry: 3an. 21. Sold merchandise on account to Black Tie C0., $28,000, The cost of merchandise sold was $16,800. Mar. 18. Accepted a 60-day, 6\% note for $28,000 from Black Tie Co, on account. May 17. Riecelved from Elack Tie Co, the amount due on the note of March 18. June 15. Sold merchandise on account to Pioneer C0. for $17,700. The cost of merchandise sold was $10,600. 21. Loaned $18,000 cash to JR Stutts, receiving a 30 -day, goh note. 25. Received from Pieneer Co. the amount due on the invoice of June 15. July 21. Received the interest due from 3R Stutts and a new 60-day, 9% note as a renewal of the foan of June 21 (Record both the debit and the credit to the notes receivabie account.) Sept. 19. Received from ja stutts the amount due on her note of July 21. 22. Sold merchandise on account to Wreoff C0, $20,000. The cost of merchandise sold was $12,000. Oct. 14. Accepted a 30-daw, 6\% note for $20,000 from Wryeuff co, on account. Now: 13. Wrooff Co. dishonored the note dated October 14: Deci 20. Recelved from Wreoff Ca. the amount awed on the dishonored note, plus intereat for As doys at 876 camputed an the maturity value of the note. Required: Joumalize the entries to record the transactioni. Assume 360 dovi in a vear For a cempound entry, if an amount box doen not require an entr, leavo if bla June 21 June 25 July 21 Sept. 19-note Sept. 22-sale Sept. 22-cost Oct. 14

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