The following transactions of In Tunes Music Company occurred during 2018 and 2019: (Click the icon to view the transactions.) Requirement 1. Record the transactions in In Tunes' journal. Explanations are not required. Mar 3: Purchased a piano (inventory) for $40,000, signing a six-month, 8% note payable. (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Accounts Date Debit Credit Transactions 2018 Mar 3 2018 Mar May Sep Dec 3 Purchased a piano inventory) for $40,000, signing a six-month, 8% note payable. 31 Borrowed $96,000 on a 6% one-year note payable. 3 Paid the six-month, 8% note at maturity. 31 Accrued warranty expense, which is estimated at 2.0% of sales of $200,000. 31 Accrued interest on the outstanding note payable. 2019 May 31 Paid the outstanding note payable at maturity