View Policies Current Attempt in Progress Pearl Family Importers sold goods to Tung Decorators for $40,800 on November 1, 2020, accepting Tung's $40,800, 6-month, 6% note Prepare Pearl'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 for the amounts Credit account titles are automatically Indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Debit Credit Date Account Titles and Explanation