Requirement 1. Record the transactions in Bass Boogey' journal. Explanations are not required. Transactions \begin{tabular}{ll} \hline 2018 & 3 Purchased a piano (inventory) for $55,000, signing a six-month, 4% note \\ Mar & payable. \\ May & 31 Borrowed $72,000 on a 5% one-year note payable. \\ Sep & 3 Paid the six-month, 4% note at maturity. \\ Dec & 31 Accrued warranty expense, which is estimated at 3.0% of sales of $194,000. \\ 2019 & 31 Accrued interest on the outstanding note payable. \\ May & 31 Paid the outstanding note payable at maturity. \end{tabular}