Oriole Family Importers sold goods to Tung Decorators for $$42,000$ on November $1,2025,$ accepting Tung's $$42,000,6-$month, $5\%$ note.

Prepare Oriole's November $1$ entry, December $31$ annual adjusting entry, and May $1$ entry for the collection of the note and interest. $($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Record journal entries in the order presented in the problem.$)$

Date

Account Titles and Explanation

Debit

Credit

Notes Receivable $$

Sales Revenue $$

Interest Receivable $$

$$

Interest Revenue $q,$

Cash $q,$

$q,$

Interest Receivable $q,$

$$

Notes Receivable $q,$

$q,$

$q,$

$q,$