Jitterz Coffee Supply, Inc., sells on account. When a customer account becomes four months old, Jitterz Coffee Supply, Inc., converts the account to a note receivable. During 2018, Jitterz Coffee Supply completed these transactions:

Jan 31 Sold goods on account to Bean Me Up, Inc., $2,800. Ignore cost of goods sold.

Jun 1 Received a $2,800, 60-day, 9% note from Bean Me Up, Inc., in satisfaction of its past-due account receivable.

Jul 31 Collected the Bean Me Up, Inc., note at maturity. Use a 360-day year for interest computation and round to the nearest dollar.

Requirement

Record the transactions in Jitterz Coffee Supply, Inc.’s journal.