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plz assist & if so plz explain how you received your answer so I can follow along. P8-45A. (Learning Objective 1, 2, 3, 4: Record

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plz assist & if so plz explain how you received your answer so I can follow along.

P8-45A. (Learning Objective 1, 2, 3, 4: Record liability-related transactions) The following transactions of Smooth Sounds Music Company occurred during 2018 and 2019: 2018 Mar 3 May 31 Sep 3 Dec 31 Purchased a piano (inventory) for $65,000, signing a six-month, 8% note payable. Borrowed $105,000 on an 6% one-year note payable. Paid the six-month, 8% note at maturity. Accrued warranty expense, which is estimated at 1.5% of sales of $193,000. Accrued interest on the outstanding note payable. 2019 May 31 Paid the outstanding note payable at maturity. Requirement 1. Record the transactions in Smooth Sounds journal. Explanations are not required

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