Feb	3		2018 Purchased equipment for 30,000, signing a six-month, 5%note payable.
	28		Recorded the week's sales of $48,000, one-third for cash, and two-thirds on account. All sales amounts are subject to a 5% sales tax. Ignore cost of goods sold.
Mar	7		Sent last week's sales tax to the state.
Apr	30		Borrowed $210,000 on a four-year, 5% note payable that calls for annual payment of interest each April 30.
Aug	3		Paid the six-month, 5% note at maturity.
Nov	30		Purchased inventory at a cost of $3,000, signing a three-month, 4% note payable for that amount.
Dec	31		Accrued warranty expense, which is estimated at 2.0% of total sales of $260,000.
	31		Accrued interest on all outstanding notes payable. Accrued interest for each note separately.
2019
Feb	28		Paid off the 4% inventory note, plus interest, at maturity.
Apr	30		Paid the interest for one year on the long-term note payable.