The following transactions of Melody Music Company occurred during 2021 and 2022: i (Click the icon to view the transactions.) Requirement 1. Record the transactions in Melody' journal. Explanations are not required. C. Mar 3, 2021: Purchased a piano inventory) for $45,000, signing a six-month, 10% note payable. (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Date Accounts Debit Credit 2021 Mar 3 Transactions Transactions Mar 3, 2021 May 31, 2021 Sep 3, 2021 Dec 31, 2021 Dec 31, 2021 May 31, 2022 Purchased a piano (inventory) for $45,000, signing a six-month, 10% note payable. Borrowed $100,000 on a 5% one-year note payable. Paid the six-month, 10% note at maturity. Accrued warranty expense, which is estimated at 2% of sales of $202,000. Accrued interest on the outstanding note payable. Paid the outstanding note payable at maturity. Print Done