On June 30. Petrov Co has $143, 300 of accounts receivable Sold $7, 380 of merchandise (that had cost $4, 723) to customers on credit Sold $20, 062 of accounts receivable to Main Bank Main charges a 5% factoring fee Received $4, 059 cash from customers m payment on their accounts Borrowed $11, 464 cash from Main Bank, pledging $14, 903 of accounts receivable as security for the loan. Prepare journal entries to record the above selected July transactions (The company uses the perpetual inventory system) (If no entry is required for a particular transaction, select "No journal entry required- in the first account field.) Sold $7, 380 of merchandise to customers on credit