Bean Company has the following selected transactions in January: Jan 1 Signed a $100,000, six-month, 5% note payable. Interest is payable at maturity. 15 Sales made totalling $300,000. The following adjustment data are noted at the end of the month: 1. Interest expense should be accrued on the note. 2. Some sales were made under warranty. Of the units sold under warranty this month, 250 are expected to become defective. Repair costs are estimated to be $30 per defective unit. Required: Prepare all related journal entries