Question: How do I figure this out? Class, we will now talk about accounting for liabilibies. Fill-in the blanks for these journal entries JOURNAL Accounts and

 How do I figure this out? Class, we will now talk

How do I figure this out?

Class, we will now talk about accounting for liabilibies. Fill-in the blanks for these journal entries JOURNAL Accounts and Debit 30,000 Credit 1-Dec Inventory Note Payable, Short Term 30,000 Purchase or inventory by issuing a 6-month, 9% note payable. 31-Dec Interest Expense Interest Payable Accrued interest on note payable Note Payable, Short-Term Interest Payable Interest Expense 1-Jun 30,000 30,675 Cash To record payment of note payable and interest at maturity

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