On November 30, Petrov Co. has $128.700 of accounts receivable. Dec. 4 Sold $7,245 of merchandise (that had cost $5,000) to customers on credit, terms n/30. 9 Sold $20,000 of accounts receivable to Main Bank Main charges a 48 factoring fee. 17 Received $5,859 cash from customers in payment on their accounts. 27 Borrowed $10,000 cash from Main Bank, pledging $12,500 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.) View transaction list Journal entry worksheet