Accounts Payable /Note Payable Prepare journal entries without explanations for the following transactions. 30-May-17 Purchased engines on credit for $60,000 31-May-17 Converted the accounts payable amount (per above) into a 90 day 11% note payable 30-Jun-17 At the June 30, 2017 year end record accrued interest payable 29-Aug-17 Paid full payment on the note at maturity date