Wildhorse Company closes its books on its July $31$ year$-$end. The company does not make entries to accrue for interest except a

its year$-$end. On June $30,2027,$ the Notes Receivable account balance is $$22,400.$ Notes Receivable include the following.

During July, the following transactions were completed.

July $5$ Made sales of $$5,200$ on Wildhorse credit cards.

$14$ Made sales of $$800$ on Visa credit cards. The credit card service charge is $3\%.$

$20$ Received payment in full from Coote Inc on the amount due

$24$ Received payment in full from Brady Co$.$ on the amount due.

$($a$)$

Journalize the July transactions and the July $31$ adjusting entry for accrued interest receivable. $($Interest is computed using

$360$ days for terms expressed in days; omit cost of goods sold entries.$)($Credit account titles are automatically indented when

amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round intermediate

calculations to $2$ decimal places, eg$.225\mathrm{.}25.)$