Safari File Edit View History Bookmarks Window Help 4 6 9 8 * Wed Apr 7 9:37 PM 2.27 / 10 W View Policies Show Attempt History Current Attempt in Progress crosoft Word Sunland 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 $25,000. Notes Receivable include the following. X Date Maker Face Value Term Maturity Date Interest Rate April 21 Coote Inc. $6,400 90 days July 20 7% icrosoft Excel May 25 Brady Co. 7.800 60 days July 24 9% June 30 BMG Corp. 10,800 6 months December 31 5% O During July, the following transactions were completed. crosoft Outloo July 5 Made sales of $5,100 on Sunland credit cards. 14 Made sales of $600 on Visa credit cards. The credit card service charge is 2%. 20 Received payment in full from Coote Inc. on the amount due. 24 Received payment in full from Brady Co. on the amount due. Essay - Resp ages Jalen.p (a) XLSX 155_156 Your answer is partially correct. "y...ved.xisx 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 89 reen Shot 03...13.41 PM tems: 1223 Page 2 of 2 601 words English (United States) Focus E + 130% APR 234 7 "tv A W P O XSafari File Edit View History Bookmarks Window Help 4 6 9 8 * Wed Apr 7 9:37 PM 2.27 / 10 W 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 crosoft Word not indent manually. Record journal entries in the order presented in the problem. Round intermediate calculations to 2 decimal places, e.g. 225.25.) Account Titles and Explanation Debit Credit X Accounts Receivable Sales Revenue licrosoft Excel Cash O Service Charge Expense Sales Revenue crosoft Outloo Cash Notes Receivable Interest Revenue Essay - Resp ages Jalen.p Cash Notes Receivable XLSX Interest Revenue 155_156 Interest Receivable "y...ved.xlsx Interest Revenue 89 reen Shot 03...13.41 PM tems: 1223 Page 2 of 2 601 words English (United States) Focus E + 130% APR 234 7 tv 4 W P O X