These are selected transactions of Sheridan Company. Sheridan prepares financial statements quarterly.

Jan.		2		Purchased merchandise on account from Nunez Company, $35,000, terms 2/10, n/30. (Sheridan uses the perpetual inventory system.)
Feb.		1		Issued a 9%, 2-month, $35,000 note to Nunez in payment of account.
Mar.		31		Accrued interest for 2 months on Nunez note.
Apr.		1		Paid face value and interest on Nunez note.
July		1		Purchased equipment from Marson Equipment paying $13,000 in cash and signing a 10%, 3-month, $60,000 note.
Sept.		30		Accrued interest for 3 months on Marson note.
Oct.		1		Paid face value and interest on Marson note.
Dec.		1		Borrowed $34,800 from the Paola Bank by issuing a 3-month, 8% note with a face value of $34,800.
Dec.		31		Recognized interest expense for 1 month on Paola Bank note.

(a)

Prepare journal entries for the listed transactions and events. (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
choose a transaction date Jan. 2Feb. 1Mar. 31Apr. 1July 1Sept. 30Oct. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Jan. 2Feb. 1Mar. 31Apr. 1July 1Sept. 30Oct. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Jan. 2Feb. 1Mar. 31Apr. 1July 1Sept. 30Oct. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Jan. 2Feb. 1Mar. 31Apr. 1July 1Sept. 30Oct. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Jan. 2Feb. 1Mar. 31Apr. 1July 1Sept. 30Oct. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Jan. 2Feb. 1Mar. 31Apr. 1July 1Sept. 30Oct. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Jan. 2Feb. 1Mar. 31Apr. 1July 1Sept. 30Oct. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Jan. 2Feb. 1Mar. 31Apr. 1July 1Sept. 30Oct. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Jan. 2Feb. 1Mar. 31Apr. 1July 1Sept. 30Oct. 1Dec. 1Dec. 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount