nstudent/ mainfr.uni tingStarted University of South A G www.m Brief Exercise 7-7 Larkspur Family Importers sold goods to Tung Decorators for $42,600 on November 1, 2017, accepting Tung's $42,600, 6-month, 7% note Prepare Larkspur's November 1 entry, December 31 annual adjusting entry, and May 1 entry for th note and interest. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts Credit account titles are automatically indented when the amount is entered. Do not indent manually Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit udy d 842 PM 2/27/2018