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On June 1, 2019, Franklin Company purchased inventory costing $90,000 by signing an 8%, nine month, short-term note payable Franklin will pay the entire note (principal and interest) on the noto's maturity date Joumize the company's (a) purchase of inventory, and (b) accrual of interest on the note payable on December 31, 2019. (Record debits first, then credits Exclude explanations from anyjournal entries.) (a) Joumalize the company's purchase of inventory Journal Entry Accounts Debit Credit 2019 Jun Inventory Homework: Chapter 8: Current & Continger Score: 0 of 1 pt 6 of 20 S8-4 (book/static) On June 1, 2019, Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, Journalize the company's (a) purchase of inventory, and (b) accrual of interest on the note payable on De (a) Journalize the company's purchase of inventory. Journal Entry Accounts Date Debit Credit 2019 Jun 1 Cash Interest Expense Interest Payable Inventory Note Payable, Short-Term Choose from any list or enter any number in the input fields and then click Check Answer. 1 part remaining Cle Mace