2, EB-14A (similar to) Part 2 of 4 Jameer Austin 04/11/23 10:06 PM C HW Score: 18.4%, 1.1 of 6 points Save Points: 0.29 of 1 On August 1, 2022, The Chateau at Mill Lake, Inc., purchased inventory costing $48,000 by signing a 14%, six-month, short-term note payable. The company will pay the entire note (principal and interest) on the note's maturity date Read the requirements Requirement 1. Journalize the company's purchase of inventory. (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Accounts Date 2022 Aug 1 Inventory Note Payable, Short-term Debit Credit 48,000 48,000 Requirement 2. Make the adjusting entry for accrual of interest on the note payable on Amber 31, 2022 (Record debits first, then credits. Exclude explanations from joumal entries.) Journal Entry Date 2022 Dec 31 Ask my instructor Accounts Debit Credit Clear all Check answe