On May 1 comma 2019 , Jasper Company purchased inventory costing $ 87 comma 000 by signing a 10 %, nine-month, short-term note payable. Jasper will pay the entire note (principal and interest) on the note's maturity date. Journalize the company's (a) purchase of inventory; and (b) accrual of interest on the note payable on November 31 comma 2019. (Record debits first, then credits. Exclude explanations from any journal entries.)
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