On November 30, Petrov Co. has $126,900 of accounts receivable and uses the perpetual inventory system. Dec. 4 Sold $5,320 of merchandise (that had cost $3,405) to customers on credit, terms n/30. 9 Sold $17,766 of accounts receivable to Main Bank. Main charges a 10% factoring fee. 17 Received $2,926 cash from customers in payment on their accounts. 27 Borrowed $10,152 cash from Main Bank, pledging $13,198 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? < 1 2 3 456 Sold $5,320 of merchandise to customers on credit, terms n/30. Note: Enter debits before credits. Date Dec 04 General Journal Debit Credit > Journal entry worksheet < 1 2 3 456 Record the cost of goods sold, $3,405. Note: Enter debits before credits. Date Dec 04 General Journal Debit Credit Journal entry worksheet 1 2 3 456 Sold $17,766 of accounts receivable to Main Bank. Main charges a 10% factoring fee. Note: Enter debits before credits. Date Dec 09 General Journal Debit Credit > < 1 2 3 56 Received $2,926 cash from customers in payment on their accounts. > Note: Enter debits before credits. Date Dec 17 General Journal Debit Credit < 1 2 3 4 5 6 Borrowed $10,152 cash from Main Bank. Note: Enter debits before credits. Date Dec 27 General Journal Debit Credit <12345 Credit