Learning Objectives 1, 3 P-32B Journalizing liability transactions The following transactions of Philadelphia Pharmacies occurred during 2017 and 2018: Jan. 29 Cash $18,020 2017 Purchased computer equipment at a cost of $7.000, signing a six-month, 8% note payable for that amount. Jan. 9 Recorded the week's sales of $68,000, three-fourths on credit and one- fourth for cash. Sales amounts are subject to a 6% state sales tax. Ignore cost of goods sold. Sent the last week's sales tax to the state. 29 Feb. 5 Jul. 9 Aug. 31 Paid the six-month, 8% note, plus interest, at maturity. Purchased merchandise inventory for $3,000. signing a six-month, 10% note payable. The company uses a perpetual inventory system. Accrued warranty expense, which is estimated at 2% of sales of $609,000. Accrued interest on all outstanding notes payable. Dec. 31 31 2018 Feb. 28 Paid the six-month 10% note, plus interest, at maturity. Journalize the transactions in Philadelphia's general journal. Explanations are not required