The following transactions of Sweet Ensemble Music Company occurred during 20X0 and 20X1: 20X0 May-03 Purchased a piano inventory) for $72,000, signing a six-month, 4% note payable. May-31 Borrowed $75,000 on a 5% note payable that calls for annual installment payments of S15,000 principal plus interest Recorded the short-term note payable in a separate account from the long-term note payable. Sep-03 Paid the six-month, 4% note at maturity. Dec-31 Accrued warranty expense, which is estimated at 3.0% of sales of S192,000. Accrued interest on the outstanding note payable. 20X1 May-31 Paid the first installment and interest for one year on the outstanding note payable. Record the transactions in Sweet Ensemble's Journal 2 Blanco Sheet 2 EXT DEBIT CREDIT DATE ACCOUNT TITLES AND EXPLANATION 20X0 May-03 Enter explanation here May-31 Enter explanation here Sep-03 Enter explanation here Dec-31 Enter explanation here Dec-31 Enter explanation here 20X1 May-31 Enter explanation here