Problem 5-86A (Algorithmic) Accounting for Notes Receivable Yarnell Electronics sells computer systems to small businesses. Yarnell engaged in the following activities involving notes receivable: a. On November 1, 2019, Yarnell sold a $5,000 system to Ross Company. Ross gave Yarnell a 6-month, 11% note as payment. b. On December 1, 2019, Yarnell sold an $7,800 system to Searfoss Inc. Searfoss gave Yarnell a 9-month, 10% note as payment. c. On May 1, 2020, Ross paid the amount due on its note. d. On September 1, 2020, Searfoss paid the amount due on its note. Required: Prepare the necessary journal and adjusting entries for Yarnell Electronics to record these transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. If required, round your answers to two decimal places. Note from Ross Company: 2019 Nov. 1 Record sale 2019 Dec. 31 Record accrued interest income 2020 May 1 III Record collection of note receivable Note from Searfoss Inc.: For a compound transaction, if an amount box does not require an entry, leave it blank. If required, round your answers to two decimal places. 2019 Dec. 1 Record sale 2019 Dec. 31 Record accrued interest income 2020 Sept. 1 Record collection of