On November 30, Petrov Co. has $115,300 of accounts receivable and uses the perpetual inventory system Dec. 4 Sold $9,190 of merchandise (that had cost $5,882) to customers on credit, terma n/30. 9 Sold $16,142 of accounts receivable to Main Bank. Main charges a 8 factoring fee. 17 Received $5,055 cash from customers in payment on their accounts. 27 Borrowed $9,224 cash from Main Bank, pledging $11,991 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 x 1 Sold $9,190 of merchandise to customers on credit, terms n/30. 2 Record the cost of goods sold, $5,882. 3 Sold $16,142 of accounts receivable to Main Bank. Main charges a 8% factoring fee. 4 Received $5,055 cash from customers in payment on their accounts. Credit 5 Borrowed $9,224 cash from Main Bank. 6 Pledged $11,991 of accounts receivable as security for the loan. On November 30, Petrov Co. has $115,300 of accounts receivable and uses the perpetual inventory system. Dec. 4 Sold $9,190 of merchandise (that had cost $5,882) to customers on credit, terms n/30. 9 Sold $16,142 of accounts receivable to Main Bank. Main charges a 88 factoring fee. 17 Received $5,055 cash from customers in payment on their accounts. 27 Borrowed $9,224 cash from Main Bank, pledging $11,991 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 answlars in the tabs below. Required 1 Required 2 Which transaction would most likely require a note to the financial statements? es Which transaction would most likely require a note to the financial statements?