The following cases are independent. Case A. On April 1, 2020, Gappa Apparel sold merchandise to a customer, Frank Levens for $390,000, terms 2/10, n/EOM (i.e., end of month). Because of non-payment by Frank Levens, Gappa Apparel received a $390,000, 10%, 12-month note on May 1, 2020. The annual reporting period ends June 30 and Gappa Apparel uses the periodic inventory system. Frank Levens paid the note in full on its maturity date. Record the following transactions, assuming the company uses the gross method to account for accounts and notes receivable.

The sale of merchandise on credit.

The note received in settlement of the account.

The adjusting entry for interest.

Collection of the note and interest.

Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i.e., January 15 would be 15/Jan). Please make sure your final answer(s) are accurate to 2 decimal places.