On July 1, 2023, Collectors Inc. purchased a delivery truck from MJ Trucks, costing $153,000. However, due to cash flow problems, Collectors Inc. is currently unable to make the payment. To assure MJ Trucks of payment, Collectors Inc. signed a one-year note with 4% interest per annum, to be payable at maturity. Collectors Inc.'s year-end is on December 31. Prepare all the necessary journal entries related to the notes payable from the time it is signed to the maturity date.

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Round your answers to the nearest whole dollar.
For transactions with more than one debit, enter the accounts in alphabetical order.

Date	Account Title and Explanation	Debit	Credit
Jul 1	AnswerAccounts PayableAccounts ReceivableCashDelivery TruckEstimated Warranty LiabilityInterest ExpenseInterest PayableNotes PayablePrepaid RentRent ExpenseSalaries ExpenseSales RevenueUnearned RevenueWarranty Expense	Answer
	AnswerAccounts PayableAccounts ReceivableCashDelivery TruckEstimated Warranty LiabilityInterest ExpenseInterest PayableNotes PayablePrepaid RentRent ExpenseSalaries ExpenseSales RevenueUnearned RevenueWarranty Expense		Answer
	To record the purchase of delivery truck
Dec 31	AnswerAccounts PayableAccounts ReceivableCashDelivery TruckEstimated Warranty LiabilityInterest ExpenseInterest PayableNotes PayablePrepaid RentRent ExpenseSalaries ExpenseSales RevenueUnearned RevenueWarranty Expense	Answer
	AnswerAccounts PayableAccounts ReceivableCashDelivery TruckEstimated Warranty LiabilityInterest ExpenseInterest PayableNotes PayablePrepaid RentRent ExpenseSalaries ExpenseSales RevenueUnearned RevenueWarranty Expense		Answer
	To record interest accrued
Jun 30	AnswerAccounts PayableAccounts ReceivableCashDelivery TruckEstimated Warranty LiabilityInterest ExpenseInterest PayableNotes PayablePrepaid RentRent ExpenseSalaries ExpenseSales RevenueUnearned RevenueWarranty Expense	Answer
	AnswerAccounts PayableAccounts ReceivableCashDelivery TruckEstimated Warranty LiabilityInterest ExpenseInterest PayableNotes PayablePrepaid RentRent ExpenseSalaries ExpenseSales RevenueUnearned RevenueWarranty Expense	Answer
	AnswerAccounts PayableAccounts ReceivableCashDelivery TruckEstimated Warranty LiabilityInterest ExpenseInterest PayableNotes PayablePrepaid RentRent ExpenseSalaries ExpenseSales RevenueUnearned RevenueWarranty Expense	Answer
	AnswerAccounts PayableAccounts ReceivableCashDelivery TruckEstimated Warranty LiabilityInterest ExpenseInterest PayableNotes PayablePrepaid RentRent ExpenseSalaries ExpenseSales RevenueUnearned RevenueWarranty Expense		Answer
	To record the payment of note payable