Sleepy Recliner Chairs completed the following selected transactions: (Click the icon to view the transactions.) Record the transactions in the journal of Sleepy Recliner Chairs. Explanations are not required. (Round to the nearest dollar.) (Record debits first, then credits. Exclude explanations from journal entries. For notes stated in days, use a 365-day year.) Begin with the transactions for 2024. Jul. 1: Sold inventory to Stan - Mart, receiving a $41,000, nine-month, 8% note. Ignore Cost of Goods Sold. Date 2024 Jul. 1 Accounts Debit Help me solve this Stext nades Get more help Credit More info 2024 Jul. 1 Sold merchandise inventory to Stan-Mart, receiving a $41,000, nine-month, 8% note. Ignore Cost of Goods Sold. Oct. 31 Dec. 31 Recorded cash sales for the period of $24,000. Ignore Cost of Goods Sold. Made an adjusting entry to accrue interest on the Stan-Mart note. Dec. 31 Made an adjusting entry to record bad debt expense based on an aging of accounts receivable. The aging schedule shows that $13,800 of accounts receivable will not be collected. Prior to this adjustment, the credit balance in Allowance for Bad Debts is $11,800. Collected the maturity value of the Stan-Mart note. Sold merchandise inventory to Appeal, Corp., receiving a 60-day, 6% note for $7,000. Ignore Cost of Goods Sold. 2025 Apr. 1 Jun. 23 Aug. 22 Nov. 16 Loaned $17,000 cash to Crosby, Inc., receiving a 90-day, 16% note. Dec. 5 Collected in full on account from Appeal, Corp. Dec. 31 Accrued the interest on the Crosby, Inc. note. Appeal, Corp. dishonored its note at maturity; the business converted the maturity value of the note to an account receivable. Print Done