The following transactions of Bongo Music Company occurred during 2017 and 2018: (Click the icon to view the transactions.) Requirement Record the transactions in Bongo's journal. Explanations are not required. Requirement. Record the transactions in Bongo's journal. (Record debits first, then credits. Explanations are not required.) Purchased a Steinway piano (inventory) for $44,500, signing a six-month, 9% note Journal Entry Date Accounts Credit Debit 2017 Mar 44.500 3 Inventory Notes Payable, Short-term 44,500 Choose from any list or enter any number in the input fields and then continue to the next question Transactions - X umber. 2017 Mar. Apr. 3 Purchased a Steinway piano (inventory) for $44,500, signing a six-month, 9% note. 30 Borrowed $50,500 on a 13% note payable that calls for annual installment payments of $25,250 principal plus interest. Record the short-term note payable in a separate account from the long-term note payable. 3 Paid the six-month, 9% note at maturity 31 Accrued warranty expense which is estimated at 4% of sales of $197.000 31 Accrued interest on the outstanding note payable. Sept. Dec. 2018 Apr. 30 Paid the first installment plus interest for one year on the outstanding note payable. Print Done any TDCELTICUS STICELTICTR CONTOTROCITICAL QUESTION A 204 Section 1) is based on Harrison: Financial Accounting, Sixth Canadian Edition Transactions - X umber. 2017 Mar. Apr. 3 Purchased a Steinway piano (inventory) for $44,500, signing a six-month, 9% note. 30 Borrowed $50,500 on a 13% note payable that calls for annual installment payments of $25,250 principal plus interest. Record the short-term note payable in a separate account from the long-term note payable. 3 Paid the six-month, 9% note at maturity 31 Accrued warranty expense which is estimated at 4% of sales of $197.000 31 Accrued interest on the outstanding note payable. Sept. Dec. 2018 Apr. 30 Paid the first installment plus interest for one year on the outstanding note payable. Print Done any TDCELTICUS STICELTICTR CONTOTROCITICAL QUESTION A 204 Section 1) is based on Harrison: Financial Accounting, Sixth Canadian Edition Accrued warranty expense, which is estimated at 4% of sales of $197,000. Journal Entry Date Accounts Debit Credit 2017 Dec 31 Warranty Expense Estimated Warranty Payable Accrued interest on the outstanding note payable (Hold all decimals for interim calculations. Round your fi Journal Entry Accrued interest on the outstanding note payable (Hold all decimals for interim calculations. Round your final answer to the nearest whole number.) Joumal Entry Date Accounts Debit Credit 2017 Dec 31 Interest Expense Interest Payable Paid the first installment plus interest for one year on the outstanding note payable (Hold all decimals for interim calculations. Round your final answer to the Paid the first installment plus interest for one year on the outstanding note payable. (Hold all decimals for interim calculations. Round your final answer to the nearest whole number.) Journal Entry Accounts Date Debit Credit 2017 Apr 30 Notes Payable, Short-term Interest Payable Interest Expense Cash