Bridgeport Corp.sold soods to Matlock, Inc for $30,000 on November 1, 2020, accepting Melock's $30,000, six-month, 3 note. (a) Your answer is correct. Presare Bridgeport's November 1 antry, December 31 annual adjusting entry, and May 1 entry for the collection of the note and interest. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem! Date Account Titles and Explanation Debit Natas atta valla Cred 11/1/20 30000 Sales Revenue 12/31/20 Interest Received 150 Intercom 5121 Cash 30450 Intret Reeves Interest Mom Notas Receivable eTextbook and Media List of Accounts Attempts: 2 of 3 used Using multiple attempts will impact your score. 55 score reduction after attempt 2 (b) Assume instead that Brisat uses ravarsing entries. Prepare any appropriate reversing entry at January 1, 2021, and the May 1. ZUZTATY collection of the nots and interest.Credit account tities are cutomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit 11/21 V Interest Receivable Interest come SM2 Interest Meme Notas Rece