Save Homework: Chapter 8 & 4 Homework Question 1, E8-14A (sim. HW Score: 83 19%, 12.48 of 15 points Part 1 of 4 Points: 2.78 of 5 On August 1, 2022. The Vilage at Mill Lake, Inc., purchased inventory costing $45,000 by signing a 9% six-month, short-term role payable. The company will pay the entire note (principal and interest on the note's maturity date. Read the autements Requirement 1. Journalize the company's purchase of inventory. (Record debits first the credits. Exclude axplanations from journal entrics) Journal Entry Date Accounts Debit Credit 2022 Aug 1 Requirements 1. 2. 3. Journalize the company's purchase of inventory Make the adjusting entry for accrual of Interest on the note payable on December 31 2022 Al December 31, 2022 what is reported on the balance sheet related to this role payable? Record the payment of the nato payable (principal and interest) on its maturity dulu, Help me solve this Calculator Get more help 4