Sage Hill inc 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 $24,000. Notes Receivable includes the following Date April 21 May 25 June 30 Maker Cocte Inc Brady Co. BMG Corp Face Value $6,000 7.200 10,800 Term 90 days 60 days 6 months Maturity Date July 20 July 24 December 31 Interest Rate 8% 10% 6% During July, the following transactions were completed. July 5 Made sales of $4,890 on Sage Hill inc. credit cards 14 Made sales of $500 on Visa credit cards. The credit card service charges 4% Received payment in full from Coote Inc. on the amount due Received payment in full from Brady Co, on the amount due 20 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. Do not round Intermediate calculations Round final answers to decimal places, s. 5.275.) Date Account Titles and Explanation Debit Credit July 14