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III. Short Term Liabilities. The following transactions of Scooter Inc. occurred during 2018 and 2019. 2018 Marl. Purchased inventory for $65,000, signing a six month,

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III. Short Term Liabilities. The following transactions of Scooter Inc. occurred during 2018 and 2019. 2018 Marl. Purchased inventory for $65,000, signing a six month, 8% note payable. May 31. Borrowed $105,000 on a 6% one-year note payable. Sep 3. Paid the 8% note payable at maturity. Dec 31. Accrued warranty expense, which is estimated at 1.5% of sales of $193,000. Dec 31. Accrued interest on the 6% note payable. 2019 May 31. Paid the outstanding note payable at maturity. REQUIRED: Journalize all the above transactions

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