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0-27A Journalizing liability transactions following transactions of Houston Pharmacies occurred during 2015 and 2016: Current Liabilities and Payroll Learning Objectives 1,3 2015 Jan. 29 Cash

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0-27A Journalizing liability transactions following transactions of Houston Pharmacies occurred during 2015 and 2016: Current Liabilities and Payroll Learning Objectives 1,3 2015 Jan. 29 Cash $17,490 9 Jan. 9 Purcha 29 Feb. 5 Jul 9 Aug 31 Purchased computer equipment at a cost of $13,000, signing a six-month, 9% note payable for that amount. Recorded the week's sales of $66,000, three-fourths on credit and one-fourth for cash Sales amounts are subject to a 6% state sales tax. Ignore cost of goods sold. Sent the last week's sales tax to the state. Paid the six-month, 9% note, plus interest, at maturity Purchased merchandise inventory for $6,000, signing a six-month, 10% note payable. The company uses the perpetual inventory system. Accrued warranty expense, which is estimated at 3% of sales of $601,000 Accrued interest on all outstanding notes payable. Dec. 31 31 2016 Feb. 29 Paid the six-month 10% note, plus interest, at maturity. Journalize the transactions in Houston's general journal. Explanations are not required

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