Buffalo Corporation purchased a computer on December 31, 2019, for $128,100, paying $36,600 down and agreeing to pay the balance in five equal installments of $18,300 payable each December 31 beginning in 2020. An assumed interest rate of 10% is implicit in the purchase price. (a) Your answer is partially correct. Prepare the journal entry at the date of purchase. (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 2 decimal places, e.g. 52.75. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) e Account Titles and Explanation Debit Credit 31, 2019 Equipment Discount on Notes Payable Cash 36,600 Notes Payable Prepare the journal entry at December 31, 2020, to record the payment and interest (effective-interest method employed). (Round answers to 2 decimal places, e.g. 52.75. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit December 31, 2020 e Textbook and Media Prepare the journal entry at December 31, 2021, to record the payment and interest (effective-interest method employed). (Round answers to 2 decimal places, e.g. 52.75. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Cred December 31, 2021 e Textbook and Media