! Required Information [The following information applies to the questions displayed below.) In 2018 and 2019, Corniche Company made the following transactions: 2018 Apr 20 Purchased $38,500 of morehandise on credit from Dhow Company, terms n/30. Corniche Company on the perpetual inventory system. May 19 Replaced the April 20 account payable to Dhow company with = 90-day, $35,000 note bearing 75 annual interest along with paying $3,500 in canh Jul 08 Borrowed $63,000 can from ONS Bank by signing 120-day, 110 interest-bearing note with a face value of $63,000. Aug 17 Paid the sount due on the note to Dhow Company at the maturity date. Nov 05 Paid the amount due on the note to QNB Bank at the maturity date Nov 28 Borrowed 33,000 cash from Hank of Hong Kong by signing 60-day, # Interest-bearing note with face value of $33,000. Dec 31 Recorded an adjusting entry for accrued interest on the note to Bank of Hong Kong. 2019 Jan 27 Paid the amount due on the note to Bank of Hong Kong at the maturity date. Required: 1. Prepare journal entries for the 2018 transactions. (Do not round your intermediate calculations.) Journal entry worksheet 2 3 5 5 6 7 > Purchased $38,500 of merchandise on credit from Dhow Company, terms n/30. Corniche Company uses the perpetual Inventory system. Note: Enter debits before credits. Date General Journal Debit Credit Apr 06, 2018 Record entry Clear entry View general Journal Journal entry worksheet 3 4 5 6 7 > Replaced the April 20 account payable to Dhow Company with a 90-day, $35,000 note bearing 7% annual interest along with paying $3,500 in cash. Note: Enter debits before credits. General Journal Dobit Credit Date May 19, 2018 Record entry Clear entry View general Journal Journal entry worksheet Borrowed $33,000 cash from Bank of Hong Kong by signing a 60-day, 8% interest-bearing note with a face value of $33,000. Note: Enter debits before credits Date General Journal Debit Credit Nov 28, 2018 Record entry Clear entry Vlow general Journal Journal entry worksheet