The Following transactions of Drumheller Technology of Calgary Alberta occurred during 2019-2020. The companies end is December 31

2019

March 3. Purchased a machine for 66,000 plus 5 percent GST, signing a six-month note payable

March 31. Recorded the month's sales of 134,500, one-quarter of which were for cash, and three-quarters were on credit. All sales amounts are subject to 5 percent GST to be calculated on the sales of 134,500

April 7 Paid March's GST to the Receiver General

May 31 Borrowed 75,000 with a 5 percent note payable that calls for annual installment payments of 15,000 principal plus interest

Sept. 3 Paid the 6 months, 3 percent note at maturity

Sept 30. Purchased inventory at a cost of 25,000 plus GST, signing a 5 percent 180-day note payable for that amount

Dec 31. Accrued warranty expense which is estimated at 3 percent of annual sales of 1,445,000

Dec 31. Accrued interest on all outstanding notes payable. Make a separate interest accrual entry for each note payable

2020

March 31 Paid off the 5 percent inventory note plus interest, at maturity.

March 31. Paid the first installment and interest for one year on the long term note payable

Required. Record the transactions in the company general journal. Explanations are not required. Use days in any interest accrual calculations, not months Round all amounts to the nerest whole dollar.