Please prepare journal entries to record the transactions and also help with the financial statement

On November 30, Petrov Co. has $118,700 of accounts receivable and uses the perpetual inventory system. Dec. 4 Sold $7,525 of merchandise (that had cost $4,816) to customers on credit, terms n/30. 9 Sold $16,618 of accounts receivable to Main Bank. Main charges a 10% factoring fee. 17 Received $4,139 cash from customers in payment on their accounts. 27 Borrowed $9,496 cash from Main Bank, pledging $12,345 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 Journal entry worksheet On November 30, Petrov Co. has $118,700 of accounts receivable and uses the perpetual inventory system. Dec. 4 Sold $7,525 of merchandise (that had cost $4,816) to customers on credit, terms n/30. 9 Sold $16,618 of accounts receivable to Main Bank. Main charges a 10% factoring fee. 17 Received $4,139 cash from customers in payment on their accounts. 27 Borrowed $9,496 cash from Main Bank, pledging $12,345 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 Which transaction would most likely require a note to the financial statements? Which transaction would most likely require a note to the financial statements?