2015 Jan. 9 Purchased computer equipment at a cost of $10,000, signing a six-month, 7% note payable for that amount. 29 Recorded the week's sales of $62,000, three-fourths on credit and one-fourth for cash. Sales amounts are subject to a 6% state sales tax. Ignore cost of goods sold. Feb. 5 Sent the last week's sales tax to the state. Jul. 9 Paid the six-month, 7% note, plus interest, at maturity. Aug. 31 Purchased merchandise inventory for $$12,000, signing a six-month, 11% note payable. The company uses the perpetual inventory system. Dec. 31 Accrued warranty expense, which is estimated at 22% of sales of$606,000. 31 Accrued interest on all outstanding notes payable. 2016 Feb. 29 Paid the six-month 11% note, plus interest, at maturity.

The following transactions of

Plymouth

Pharmacies occurred during

2015

and

2016

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(Click the icon to view the transactions.)Journalize the transactions in

Plymouth

general journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.)

Jan. 9,

2015

Purchased computer equipment at a cost of

$10,000,

signing a six-month,

7%

note payable for that amount.

Date			Accounts and Explanation	Debit	Credit
2015
Jan. 9

Jan. 29,

2015

Recorded the week's sales of

$62,000,

three-fourths on credit and one-fourth for cash. Sales amounts are subject to a 6% state sales tax. Ignore cost of goods sold.

Date			Accounts and Explanation	Debit	Credit
2015
Jan. 29

Feb. 5,

2015

Sent the last week's sales tax to the state.

Date			Accounts and Explanation	Debit	Credit
2015
Feb. 5

Jul. 9,

2015

Paid the six-month,

7%

note, plus interest, at maturity. (Round your answers to the nearest whole dollar.)

Date			Accounts and Explanation	Debit	Credit
2015
Jul. 9

Aug. 31,

2015

Purchased merchandise inventory for

0$12,000,

signing a six-month,

11%

note payable. The company uses the perpetual inventory system.

Date			Accounts and Explanation	Debit	Credit
2015
Aug. 31

Dec. 31,

2015

Accrued warranty expense, which is estimated at

2%

of sales of

$606,000.

Date			Accounts and Explanation	Debit	Credit
2015
Dec. 31

Dec. 31,

2015

Accrued interest on all outstanding notes payable. (Round your answers to the nearest whole dollar.)

Date			Accounts and Explanation	Debit	Credit
2015
Dec. 31

Feb. 29,

2016

Paid the six-month

11%

note, plus interest, at maturity. (Round your answers to the nearest whole dollar.)

Date			Accounts and Explanation	Debit	Credit
2016
Feb. 29