Macaw Industries entered the following transactions during 2019 and 2020.

March 2, 2019	Purchased inventory on credit from Green Inc. in the amount of $60,000, the terms were 2/10, n/30. Assume Macaw uses a perpetual inventory system; ignore sales taxes.
April 14	Gave Green Inc. $10,000 cash and a $50,000, 60-day note, at 10% to secure an extension on Macaws past-due account.
?	Honoured the note from Green Inc.
November 1	Purchased inventory from Red Inc. and signed a 90-day, 13% note for $120,000 to secure an extension on Wacoms past-due account.
December 31	Recorded an adjusting entry for accrued interest on outstanding notes.
Jan 30, 2020	Honoured the note from Red Inc.

Required:

Prepare the journal entries to record the transactions in 2019 and 2020