The following transaction of Boogaloo music company occurred during 2018 and 2019.

Requirement 1. Record the transactions in Boogaloo journal. Explanations are not required.

2018

march 3: Purchased a piano (inventory) for $75,000, signing a six-month, 4% note payable.

May 31: borrowed $96,000 on a 5% one year note payable.

September 3: paid the six months, 4% note at maturity.

December 31: accrued warranty expense, which is estimated at 2.5% of sales of $191,000.

December 31: accrued interest on the outstanding note payable.

2019

May 31: paid the outstanding note payable at maturity.

Thank you in advance!

Curred during 2018 and 2019: Transactions 2018 Mar May Sep Dec 3 Purchased a piano (inventory) for $75,000, signing a six-month, 4% note payable 31 Borrowed $96,000 on a 5% one-year note payable. 3 Paid the six-month, 4% note at maturity. 31 Accrued warranty expense, which is estimated at 2.5% of sales of $191,000 31 Accrued interest on the outstanding note payable. 2019 May 31 Paid the outstanding note payable at maturity. Print Done Fields and then continue to the next question The following transactions of Boogaloo Music Company occurred during 2018 and 2019: Click the icon to view the transactions.) Requirement 1. Record the transactions in Boogaloo journal. Explanations are not required. Mar 3. Purchased a piano (inventory) for $75,000, signing a six-month, 4% note payable (Record debits first, then cre Journal Entry Accounts Date Debit Credit 2018 Mar May 31 Borrowed $96,000 on a 5% one-year note payable. Journal Entry non Nakit Cedie Choose from any list or enter any number in the input fields and then continue to the next question The following transactions of Boogaloo Music Company occurred during 2018 and 2019: Click the icon to view the transactions.) Requirement 1. Record the transactions in Boogaloo journal. Explanations are not required. May 31: Borrowed $96,000 on a 5% one-year note payable. Journal Entry Date Accounts Debit 2018 May 31 Credit 3 Sep 3: Paid the six-month, 4% note at maturity. Journal Entry Accounts Date Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question The following transactions of Boogaloo Music Company occurred during 2018 and 2019: Click the icon to view the transactions.) Requirement 1. Record the transactions in Boogaloo journal. Explanations are not required. Dec 31. Accrued warranty expense, which is estimated at 2.5% of sales of $191,000. Journal Entry Accounts Date Debit Credit 2018 Dec 31 Dec 31: Accrued interest on the outstanding note payable Journal Entry Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next ques The following transactions of Boogaloo Music Company occurred during 2018 and 2019: Click the icon to view the transactions.) Requirement 1. Record the transactions in Boogaloo' journal. Explanations are not required. Dec 31: Accrued interest on the outstanding note payable. Journal Entry Accounts Date Debit Credit 2018 Dec 31 May 31: Paid the outstanding note payable at maturity Journal Entry Accounts Date Debit Credit Choose from any list or enter any number in the input fields and then continue to the next que The following transactions of Boogaloo Music Company occurred during 2018 and 2019: Click the icon to view the transactions.) Requirement 1. Record the transactions in Boogaloo journal. Explanations are not required. May 31: Paid the outstanding note payable at maturity. Journal Entry Date Accounts Debit Credit 2019 May 31 Choose from any list or enter any number in the input fields and then continue to the next que