Accounting for Notes Receivable Yarnell Electronics sells computer systems to small businesses. Yarnell engaged in the following activities involving notes receivable: a. On September 1, Yarnell sold a $5,000 system to Ross Company. Ross gave Yarnell a 6-month, 11% note as payment. b. On December 1, Yarnell sold an $7,000 system to Searfoss Inc. Searfoss gave a 9- month, 10% note as payment. c. On March 1, On March 1, Ross paid the amount due on its note. On September 1, Searfoss paid the amount due on its note. Required: Prepare the necessary journal and adjusting entries for Yarnell Electronics to record these transactions. If an amount box does not require an entry, leave it blank. If required, round your answers to two decimal places. Note from Ross Company: Sept. 1 Dec. 31 (Record sale) Mar 1 (Record accrued interest income) (Record collection of nate receivable) Note from Searfoss Inc.: If an amount box does not require an entry, leave it blank. If required, round your answers to two decimal places. Dec. 1 Dec. 31 Sept. 1 (Record sale) (Record accrued interest income) [Record collection of note) 88 88