2 Purchased merchandise on account from Nunez Company, $30,000, terms 2/10, n/30. (Blanco uses the perpetual inventory system.) 1 Issued a 9 % , 2- month, $30,000 note to Nunez in payment of account. Jan. Feb. Mar. 31 Accrued interest for 2 months on Nunez note. Apr July Sept. 30 Accrued interest for 3 months on Marson note. Oct. 1 Paid face value and interest on Nunez note. 1 Purchased equipment from Marson Equipment paying $11,000 in cash and signing a 10 % , 3-month , $60,000 note. 1 Paid face value and interest on Marson note. 1 Borrowed $24,000 from the Paola Bank by issuing a 3-month, 8 % note with a face value of $24,000. Dec. Dec. 31 Recognized interest expense for 1 month on Paola Bank note. Credit Debit AcCount Titles and Explanation Date Apr. 1 Oct. 1 Oct. 1