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The following transactions of Denver Pharmacies occurred during 2 0 2 4 and 2 0 2 5 : View the transactions. journal entries. ) Transactions

The following transactions of Denver Pharmacies occurred during 2024 and 2025:
View the transactions. journal entries.)
Transactions
Jan. 9,2024: P
\table[[Date],[Jan.9],[Jan.29,2024: 1],[Date],[Jan.29]]
Jan. 9,2024
Jan. 29,2024
Feb. 5,2024
Jul. 9,2024
Aug. 31,2024
Dec. 31,2024
Dec. 31,2024
Feb. 28,2025
Purchased computer equipment at a cost of $11,000, signing a six-month, 8% notes payable for that amount.
Recorded the week's sales of $60,000, three-fourths on credit and one-fourth for cash. Sales amount are subject to a 6% state sales tax. Ignore cost of goods sold.
Sent the last week's sales tax to the state.
Paid the six-month, 8% note, plus interest, at maturity.
Purchased merchandise inventory for $6,000, signing a six-month, 11% notes payable. The company uses the perpetual inventory system.
Accrued warranty expense, which is estimated at 4% of sales of $610,000.
Accrued interest on all outstanding notes payable.
Paid the six-month 11% note, plus interest, at maturity.
ales tax. Ignore cost of goods sold.
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