The following transactions of Xylophone Music Company occurred during 2020 and 2021: (Click the icon to view the transactions.) Requirement Record the transactions in Xylophone's journal. Explanations are not required. Requirement. Record the transactions in Xylophone's journal. (Record debits first, then credits. Ex Purchased a Steinway piano (inventory) for $42,000, signing a six-month, 9% note. Mar. Date 2020 3 Journal Entry Accounts Debit Credit Borrowed $50,000 on a 13% note payable that calls for annual instalment payments of $25,000 principa Journal Entry Accounts Debit Credit Apr. Date 2020 30 The following transactions of Xylophone Music Company occurred during 2020 and 2021 (Click the icon to view the transactions.) Requirement Record the transactions in Xylophone's journal. Explanations are not required Borrowed $50,000 on a 13% note payable that calls for annual instalment payments of $25,000 principal plus interest. Record the short-term note payable in a separate account from the long-term note payable Apri Date 2020 30 Journal Entry Accounts Debit Credit Question Viewer Paid the six-month, 9% note at maturity (Hold all decimals for interim calculations. Round your final answer to the nearest whole number.) Date Sep 2020 3 Journal Entry Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. The following transactions of Xylophone Music Company occurred during 2020 and 2021: (Click the icon to view the transactions.) Requirement Record the transactions in Xylophone's journal. Explanations are not required. Accrued warranty expense, which is estimated at 3.5% of sales of $196,000. Dec. Date 2020 31 Journal Entry Accounts Debit Credit Accrued interest on the outstanding note payable. (Hold all decimals for interim calculations. Round your final answer to the nea Journal Entry Dec. Date 2020 31 Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Paid the first instalment plus interest for one year on the outstanding note payable. (Hold all decir Apr. Date 2020 30 30 Choose from any list or ente Journal Entry Accounts Debit Credit 2020 Mar. Apr. 3 Purchased a Steinway piano (inventory) for $42,000, signing a six-month, 9% note. 30 Borrowed $50,000 on a 13% note payable that calls for annual instalment payments of $25,000 principal plus interest. Record the short-term note payable in a separate account from the long-term note payable. Sep. 3 Paid the six-month, 9% note at maturity. Dec. 31 Accrued warranty expense, which is estimated at 3.5% of sales of $196,000. 31 Accrued interest on the outstanding note payable. 2021 Apr. 30 Paid the first instalment plus interest for one year on the outstanding note payable