Requirement 1. Journalize the transactions in Denver's general journal.

2010
Jan	9	Purchased computer equipment at a cost of $7,000, signing asix-month, 8% note payable for that amount.
	29	Recorded theweek's sales of $62,000, three-fourths oncredit, andone-fourth for cash. Sales amounts are subject to a6% state sales tax.
Feb	5	Sent the lastweek's sales tax to the state.
	28	Borrowed $202,000 on afour-year, 9% note payable that calls for $50,500 annual installment payments plus interest. Record theshort-term andlong-term portions of the note payable in two separate accounts.
July	9	Paid thesix-month, 8%note, plusinterest, at maturity.
Aug	31	Purchased inventory for $6,000, signing asix-month, 10% note payable.
Dec	31	Accrued warrantyexpense, which is estimated at3% of sales of $605,000.
	31	Accrued interest on all outstanding notes payable. Make a separate interest accrual for each note payable.
2011
Feb	28	Paid the first installment and interest for one year on thefour-year note payable.
	28	Paid off the10% note plus interest at maturity.