Shamrock, 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 $26,000. Notes Receivable include the following. Date Maker Term Interest Rate 9% Coote Inc. April 21 May 25 June 30 Face Value $4,400 8,400 13,200 Maturity Date July 20 July 24 90 days 60 days 11% Brady Co. BMG Corp. 6 months December 31 7% During July, the following transactions were completed. July 5 14 Made sales of $4,580 on Shamrock, Inc. credit cards. Made sales of $500 on Visa credit cards. The credit card service charge is 2%. Received payment in full from Coote Inc. on the amount due. Received payment in full from Brady Co. on the amount due. 20 24 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.) Date Account Titles and Explanation Debit Credit July 5 Accounts Receivable 4580 Sales Revenue 4580 y 14 Cash 510 Service Charge Expense 500 Sales Revenue 10 July 20 Cash Notes Receivable Interest Revenue July 24 7 Cash Notes Receivable Interest Revenue July 31 Interest Receivable Interest Revenue Enter the balances at July 1 in the receivable accounts and post the entries to all of the receivable accounts. (Post entries in the order of journal entries posted in the previous part.) Notes Receivable Accounts Receivable Interest Receivable Show the balance sheet presentation of the receivable accounts at July 31. Shamrock, Inc. Balance Sheet (Partial) ta