On May 1, 2020 People's Networks sold computer networking supplies to Florida Autos for $36 400. The cost of the supplies is 516,380. Instead of paying immediately, Horida Autos vigned a note receivable with 95 annual interest, payable in eight months with the principle amount. People's Networks has a year end of October 31 Do not enter dollar signs or commas in the input boxes Found all answers to the nearest whole number For transaction with two debits or credits enter the debit accounts in alphabetical order followed by the credit accounts in alphabetical order a Record the journal estey when the sale is made assume Peoples Networks uses the perpetual inventory system Date Account Title and Explanation Debit Credit My . To record salesforces receivable To record cont doo b) Prepare journal entries for the year end adjustment on October 31, 2020. Date Account Title and Explanation Debit Credit Oct 31 To record accrued interest revenue C) Prepare journal entries for receipt of payment from Florida Autos on January 1, 2021. Date Account Title and Explanation Debit Credit Jan 1 To record the receipt of payment for principle and interest