Show Attempt History Current Attempt in Progress On December 31, 2020, Sheridan Inc. rendered services to Beghun Corporation at an agreed price of $118,390, accepting $45,800 down and agreeing to accept the balance in four equal installments of $22,900 receivable each December 31. An assumed interest rate of 10% is imputed. Hay, October 26, 2020 Question 1 of 1 5.97/10 E Attempts: 1 Of 3 used (c) Your answer is partially correct Prepare the entries that would be recorded by Sheridan Inc. for the (a) receipts and (b) interest on December 31, 2022. (Round answers to decimal places, eg,5,275. If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit (a) Cash 20000 Notes Receivable 20000 (b) Discount on Notes Receivable 6825 Interest on notes 6825 e Textbook and Media List of Accounts 30