due on the note of May 1. 30. Pald Exige Co. the amount owed on the note of September 15, Nov. 16. Purchased store equipment from Gallardo Co. for $450,000, paying $50,000 and issuing a series of twenty 9% notes for $20,000 each, coming due at 30-day intervals. Dec. 16. Paid the amount due Gallardo Co. on the first note in the series issued on November 16. 28. Settled a personal Injury lawsuit with a customer for $87,500, to be paid in January, Aston Martin Inc. accrued the loss in a litigation claims payable account Required: For a compound transaction, accounts should be listed largest to smallest. 1. Journalize the transactions. If an amount box does not require an entry, leave it blank. Assume a 360-day year. Date Account Debit Credit Apr. 15 May 1 due on the note of May 1. 30. Pald Exige Co. the amount owed on the note of September 15, Nov. 16. Purchased store equipment from Gallardo Co. for $450,000, paying $50,000 and issuing a series of twenty 9% notes for $20,000 each, coming due at 30-day intervals. Dec. 16. Paid the amount due Gallardo Co. on the first note in the series issued on November 16. 28. Settled a personal Injury lawsuit with a customer for $87,500, to be paid in January, Aston Martin Inc. accrued the loss in a litigation claims payable account Required: For a compound transaction, accounts should be listed largest to smallest. 1. Journalize the transactions. If an amount box does not require an entry, leave it blank. Assume a 360-day year. Date Account Debit Credit Apr. 15 May 1