On June 30, Petrov Co. has $148,200 of accounts receivable.

July		4		Sold $7,985 of merchandise (that had cost $5,110) to customers on credit.
		9		Sold $20,748 of accounts receivable to Main Bank. Main charges a 6% factoring fee.
		17		Received $4,392 cash from customers in payment on their accounts.
		27		Borrowed $11,856 cash from Main Bank, pledging $15,413 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 transaction/event, select "No journal entry required" in the first account field.)