Sage Hill Acrobats lent $52,338 to Sheffield Limited, accepting Sheffield's $53,908, three-month, zero-interest-bearing note. The implied interest is approximately 12% Prepare Sage Hill's journal entries for the initial transaction and the collection of $53,908 at maturity. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) Sage Hill Acrobats lent $52,338 to Sheffield Limited, accepting Sheffield's $53,908, three-month, zero-interest-bearing note. The implied interest is approximately 12%. Prepare Sage Hill's journal entries for the initial transaction and the collection of $53,908 at maturity. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles a enter 0 for the amounts. List all debit entries before credit entries.)