2018 Mar May Sep Dec 3 Purchased a piano (inventory) for $45,000, signing a six-month, 6% note payable. 31 Borrowed $108,000 on a 4% one-year note payable. 3 Paid the six-month, 6% note at maturity. 31 Accrued warranty expense, which is estimated at 3.0% of sales of $196,000. 31 Accrued interest on the outstanding note payable. 2019 May 31 Paid the outstanding note payable at maturity 1. Record the transactions in Your Tunes' journal. Explanations are not required. Journal Entry Date Accounts Debit Credit 2018 Mar 3 Inventory May 31: Borrowed $108,000 on a 4% one-year note payable. Date Journal Entry Accounts Debit Credit 2018 May 31 Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 1. Record the transactions in Your Tunes' journal. Explanations are not required. Date Accounts Debit Credit 2018 Sep Dec 31: Accrued warranty expense, which is estimated at 3.0% of sales of $196,000. Date Journal Entry Accounts Debit Credit 2018 Dec 31 Choose from any list or enter any number in the input fields and then continue to the next questi Dec 31: Accrued interest on the outstanding note payable. Journal Entry Accounts Date Debit Credit 2018 Dec 31 May 31: Paid the outstanding note payable at maturity. Date Journal Entry Accounts Debit Credit 2019 May 31 Choose from any list or enter any number in the input fields and then continue to the next questi May 31: Paid the outstanding note payable at maturity. Journal Entry Accounts Date Debit Credit 2019 May 31