P11-27A (similar to) The following transactions of New York Pharmacies occurred during 2017 and 2018: (Click the icon to view the transactions.) Journalize the transactions in New York's general journal. Explanations are not required. Round to the nearest dollar Jan. 9. 2017: Purchased computer equipment at a cost of $16,000, signing a six-month, 9% note payable for that am Date Accounts Debit Credit Jan. 9 Accounts Receivable Cash Computer Equipment Estimated Warranty Payable Interest Expense Interest Payable Long-Term Notes Payable Merchandise Inventory Sales Revenue Sales Tax Payable Short-Term Notes Payable Warranty Expense The following transactions of New York Pharmacies occurred during 2017 and 2018: (Click the icon to view the transactions.) Journalize the transactions in New York's general journal. Explanations are not required. Round to the nearest dollar. (Reco Jan. 9, 2017: Purchased computer equipment at a cost of $16,000, signing a six-month, 9% note payable for that amount. Date Accounts Debit Credit Jan. 9 More Info - X Jan. 9, 2017 Jan. 29, 2017 Feb. 5, 2017 Jul. 9, 2017 Purchased computer equipment at a cost of $16,000, signing a six-month, 9% note payable for that amount. Recorded the week's sales of $66,000, three-fourths on credit and one-fourth for cash. Sales amounts are subject to a 6% state sales tax. Ignore cost of goods sold. Sent the last week's sales tax to the state. Paid the six-month, 9% note, plus interest, at maturity Purchased merchandise inventory for $15,000, signing a six-month, 9% note payable. The company uses the perpetual inventory system. Accrued warranty expense, which is estimated at 2% of sales of $601,000. Accrued interest on all outstanding notes payable. Paid the six-month 9% note, plus interest, at maturity. Aug. 31, 2017 Dec. 31, 2017 Dec. 31, 2017 Feb. 28, 2018 Print Done