On December 31, 2017, Gordon purchased $9,000 of merchandise inventory on a one-year, 8% note payable. Gordon uses a perpetual inventory system. Read the requirements. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Requirement 1. Journalize the company's purchase of merchandise inventory on December 31, 2017 Accounts and Explanation Debit Date Credit 2017 Dec. 31 1. Journalize the company's purchase of merchandise inventory on December 31, 2017 2. Journalize the company's accrual of interest expense on June 30, 2018, its fiscal year-end. 3. Journalize the company's payment of the note plus interest on December 31, 2018