Receivables 52 ting for uncollectible accounts (aging-of-receivables method), Learnig eivable, and accrued interest revenue er Chairs completed the following selected transactions Sierpy Reeiner Chaironteress Dec. 31, 2018 Interest Receivab $1,640 2018 andise inventory to Stan-Mart, receiving a $41,000, nine-month, 8% cash sales for the period of $24,000. Ignore Cost of Goods Sold adjusting entry to record bad debts expense based on an aging invento , 1 Sold ote. Ignore Cost of Goods Sold. oct. 31 Recorded pec n adjusting entry to accrue interest on the Stan-Mart note. 1s receivable. The aging schedule shows that $13,800 of accounts Made an adjusting entry to of accounts eivablwilnot be collected. Prior to this adjustment, the credit balance in Allowance for Bad Debts is $11,800 2019 Collected the maturity value of the Stan-Mart note. Sold merchandise inventory to Appeal, Corp., receiving a 60-day, 6% note for $7,000. Ignore Cost of Goods Sold Appeal, Corp. dishonored its note at maturity: the business converted the Apr Jun. 23 Aug. 22 aturity value of the note to an account receivable. Loaned $17,000 cash to Crosby, Inc., receiving a 90-day, 16% note. Nov. 16 Dec. 5 Collected in full on account from Appeal, Corp 16 31 Accrued the interest on the Crosby, Inc. note. Record the required. (Round to the nearest dollar.) transactions in the journal of Sleepy Recliner Chairs. Explanations are not