Milner Family

Question
Milner Family Importers sold goods to Tung Decorators for $30,100 on November 1, 2012, accepting Tung’s $30,100, 6-month, 6% note. Prepare Milner’s November 1 entry, December 31 annual adjusting entry, and May 1 entry for the collection of the note and interest. (List multiple debit/credit entries from largest to smallest amount, e.g. 10, 5, 2.)