58-4 (similar to) Question Help On February 1, 2019, Barber Company purchased inventory costing $88,000 by signing a 6% nine month, short-term note payable Barber will pay the entire note (principal and interest) on the note's maturity date Journalize the company's (a) purchase of inventory, and (b) accrual of interest on the note payable on August 31, 2019 (Record debits first, then credits. Exclude explanations from any journal entries) (a) Journalize the company's purchase of inventory Journal Entry Date Accounts 2019 Fob Debit Credit 1 pts 1 of 6 (0 complete (similar to) bruary 1, 2019, Barber Company purchased inventory costing $88,000 by signing a 6%, nine-month, short-term bal and interest) on the note's maturity date. Journalize the company's (a) purchase of inventory, and (b) accrual of 31, 2019. (Record debits first, then credits. Exclude explanations from any journal entries.) arnalize the company's purchase of inventory. Date Journal Entry Accounts Debit Credit 2019 Cash Interest Expense Interest Payable Inventory Note Payable, Short-Term