Wildhorse 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 $30,2027,$ 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$)$

$($b$)$

Enter the balances at July $1$ in the receivable accounts and post the entries to all of the receivable accounts. $($Post entries in the

order of joumal entries posted in the previous part.$)$

Show the balance sheet presentation of the receivable accounts at July $31,2027.$

Accounts Receivable

$5$