ces On November 30, Petrov Company has $135,000 of accounts receivable and uses the perpetual inventory system. December 4 Sold $5,700 of merchandise (that had cost $3,648) to customers on credit, terms n/30. December 9 Sold $18,900 of accounts receivable to Main Bank. Main charges a 4% factoring fee. December 17 Received $3,135 cash from customers in payment on their accounts. December 27 Borrowed $10,800 cash from Main Bank, pledging $14,048 of accounts receivable as security for the loan. (1) Prepare journal entries to record the above transactions. (2) Which transaction would most likely require a note to the financial statements? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare journal entries to record the above transactions. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Round your answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet < 2 Sold $5,700 of merchandise to customers on credit, terms n/30. Note: Enter debits before credits Date 6