Make the corresponding wage entries to report short-term liabilities.

1 - Journalizes adjusting entries for each warranty expense accrued at the end of the year. The cost of the product warranty is $7,000. 2 - Journalize the following entries related to accounts and notes payable.

MAKE IN TABLE FORM

Date	Transaction
2-Feb	Merchandise was purchased on credit for $310,000 with a term of n/45 in Pueblo Caribe.
4-Mar	Aires Caribe provided a 5% note for $120,000 to Pueblo Caribe with a 30-day credit term. Make the entry of notes payable for Aires Caribe.
3-Apr	Pueblo Caribe paid Aires Caribe the amount of the March 4 note.
10-May	Consoles were purchased from Aire Wholesale for $75,000 on a 90-day note with a 4% discount. With payments of 25,000 monthly.
9-Jun	The overdue amount (first installment) of the May 10 transaction was paid.
9-Jun	A customer purchased $2,000 worth of merchandise in cash.
12-Jun	A 30-day 3% loan (short-term note/payable note) for $240,000 was requested from Banco del Pueblo.
9-Jul	The overdue amount (second installment) of the transaction on May 10 was paid.
12-Jul	The overdue amount of the People's Bank note dated June 12 was paid.
18-Jul	Customer who purchased merchandise on June 9 returned $500 worth of merchandise because it was defective.
18-Jul	A customer made a purchase for $3,500 with a term of 3/40 n/60
27-Aug	The customer who made the purchase on July 18 paid in full with the corresponding discount.
4-Nov	Tools were purchased at Home Depot for $75,000. $12,000 was paid and the remainder was divided into series of ten into 3% notes of $6,300 each maturing at 45-day intervals.
10-Dec	The first of the notes they took was paid to Home Depot on November 4.