Seved Help 5 Required information ora Coolidge Company owes S1.000 for merchandise inventory purchased from Ross Company during April. The amount owed is now past-due on June 15, Coolidge meets with Ross and convinces Ross to accept $400 cash and a 30-day, 10 percent. $600 note payable to replace the account payable. Prepare the June 15 journal entry for Coolidge entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debitor credit columns View transaction list ok Journal entry worksheet nces