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Journalise the transactions Clayco Company completes the following selected transactions during year 2018. DATE TRANSACTIONS July 14 July 30 Sold $750 of inventory to Briggs Company on account. (Cost $350) Clayco Company received a $1,000, 90 days 10% note in exchange for merchandises sold to Sumrell Company (Cost $600). Received $2,000 cash plus a $10,000 note from JT Co. in exchange for merchandise that sold for $12,000 (Cost 8,000). The note August 15 has 12% interest and 120-days maturity. September 1 September 10 Provided a consultant service to ABC Company. Issued a $4,000 note with the period of 3 months and 4% interest rate. Purchased a new machine by issuing a 3-month note of $8,000 with 5% interest. Sumrell Company refused to pay the note that was due to Clayco on October 28. Charge the dishonored note plus interest to November 3 Sumrell's account receivable. November 5 December 1 Completed a $500 credit card sale (the cost of sales is $300). The payment from the credit card company was received on Nov 9. Received the payment from ABC Company. Made a payment of a note to the factory. Received payment of principal plus interest from JT for the August 15 note. December 10 December 13