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Problem 10-5A Ayayai Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During the last part of 2019, Ayayai had the following transactions related to notes payable. Sept. 1 Issued a $13,200 note to Pippen to purchase inventory. The 3-month note payable bears interest of 6% and is due December 1 . (Ayayal uses a perpetual inventory system.) Sept. Recorded accrued interest for the Pippen note. Oct. Tssued a$18,000, 8%, 4-month note to Prime Bank to finance the purchase of a new dlimbing wall for advanced climbers. The note is due February 1 Oct. 31 Recorded accrued interest for the Pippen note and the Prime Bank note. Issued a Nov. 1 24,000 note and paid S7.500 cash to purchase a vehicle to transport clients to nearby climbing sites as part of a new series of climbing classes. This note bears interest of 6% and matures Nov. 30 Dec. 1 Dec. 31 in 12 months. Recorded accrued interest for the Pippen note, the Prime Bank note, and the vehicle note. Paid principal and interest on the Pippen note. Recorded accrued interest for the Prime Bank note and the vehicle note Your answer is partially correct. Try again. Prepare journal entries for the transactions noted above. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Sept. 1 ventory 13200 Notes Payable 13200 Sept. 20 | terest Expense Interest Payable Oct. 1 quipment 19000 Notes Payable 18000 Oct. 31 | terest Expense Interest Payable 186 Nov. 1 uipment Notes Payable 24000 Cash

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