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South Park Inc. had the following transactions during 2021 and 2022: 2021 Jun 1 Received a $ 7,500, 1-year, 4% note from Chantal Marsh as

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South Park Inc. had the following transactions during 2021 and 2022: 2021 Jun 1 Received a $ 7,500, 1-year, 4% note from Chantal Marsh as full payment on her account Nov Nov Nov Dec 5 9 31 Sold merchandise on account to Randy Inc. for $ 16,000, terms 2/10, 1/30. Randy, Inc. returned merchandise worth $ 4,000. Received payment from Randy Inc. less the applicable discount Accrued interest on Marsh's note. 2022 Jun Chantal Marsh honoured her promissory note by sending the face amount plus interest. No interest has been accrued in 2022. 1 Instructions Prepare journal entries to record the transactions described. Ignore any cost of goods sold entries

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