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View Policies Show Attempt History Current Attempt in Progress Oriole Company closes its books on its July 31 year-end. The company does not make
View Policies Show Attempt History Current Attempt in Progress Oriole Company closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year- end. On June 30, the Notes Receivable account balance is $24,400. Notes Receivable include the following Date Maker Face Value Term April 21 May 25 June 30 Coote Inc. Brady Co $5,200 6,000 90 days 60 days Maturity Date July 201 Interest Rate 7% July 24 9% BMG Corp 13.200 6 months December 31 5% During July, the following transactions were completed. July 5 Made sales of $5,300 on Oriole credit cards. 14 Made sales of $800 on Visa credit cards. The credit card service charge is 4% 20 Received payment in full from Coote Inc. on the amount due 24 Received payment in full from Brady Co. on the amount due
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