Camden Biotechnology began operations in September 202. The following selected transactions relate to labies of the company for September 2021 through March 2022. Camden's fiscal year ends on December 3 its financial statements are scued in Apni 2021 a. On September 5. opened checking accounts at Second Commercial Bank and negotiated a short-term line of credit of up to $9.000.000 at the banks prime rate 125 at the time. The company way no commitments. b. on October 1, borrowed $6 million cach from Second Commerd Borkunder the line of credit and issued a five-month promissory note Interest of the prime rate of 12 was payable maturity, Management planned to istu 10 year bonds in February to repay the note c. Received $3,000 of refundable deposits in December for usable conteners used to transport and store chemical based products, d. For the September December period, sales on account totale $4.400.000 The state sales tax rate 153 and the local sales tax rate is 3% (This is a summary ouma entry for the many individual sales transactions for the period e. Recorded the agusting entry for accrued interest 2022 in Marchpad the entre amount of the note on tes March I due cose proceeds from a February issuance of 530 milion of 30 9 The storage containers covered by refundable deposits are expected to be returned during the festnine months of the year Half of the containers were returned in March 2022 Required 1. Prepare the appropriate journal entries for tomta 2. Prepare the current and long-term by sections of the December 3 2024 balance sheet Trade accounts payable on that date woro $273.000 Complete this question by entering your answers in the tabs below 2 Prepare the appropriate journal entries for its mentre convent "No journal entry equired in the first account id. Enter your ain whole dan Vibracions Journal entry worksheet 1 2 3 e 7 Record opening of deding accounts at Second Conflank and negotiated short-term neofanet of up to $9.000.000 the bank's rate (12,4 the time. The company will no content Transaction Golfouma De Recoranby way Wor Camden Biotechnology began operations in September 2021. The following selected transactions relate to abilities of the company for September 2025 through March 2022. Camden's fiscal year ends on December 31, les financial statements are ssued in April 2021 a on September 5, opened checking accounts at Second Commercial Bank and negotiated a short termine of credit of up to $9,000,000 at the banksprime rate (125 at the time. The company will pay no commitment fees. b. On October 1 borrowed $6 million cash from Second Commercial Bank under the line of credit and issued a five-month promissory note. Interest at the prime rate of 12 was payable at maturity Management planned to 10 year bonds in February to repay the note c. Received $3.000 of refundable deposits in December for reusable containers used to transport and store chemical-based products, d. For the September-December period. Sales on account totaled $4.400,000. The state sales tax rate is 3% and the local sales tax rate 13. (This is a summary Jumal entry for the many individual sales transactions for the period e. Recorded the adjusting entry for accrued interest 2022 In March, paid the erre amount of the nota on ng March 1 due date, using proceeds from a February sunce of $30 million of 10- 9 The utorage containers covered by refundable deposits are expected to be returned during the first nine months of the your Half of the containers were returned in March 2022 Required 1. Prepare the appropriate journal entries for tems a-9 2. Prepare the current and long-term ability sections of the December 31, 2024, balance shoot. Trade accounts payable on that date were $273.000 Complete this question by entering your answers in the tabs below. Med 1 Bail 2 Prepare the appropriate journal entries forms of no tisured for a transaction/event.lect "Noural try required In the first account field. Enter your answers in whole dollars. Viewraction Journal entry worksheet 2 4 5 . 7 > Record the borrowing of $6 million cash and of five month promisory note. Interest at the prime rate of 125 pable maturity Management planned to 10 year bonde in February to pay the note Transaction Clean Camden Biotechnology began operation in September 2023. The following selected transactions toes of the company for September 2021 through March 2022. Camdens focal year ends on December 31, fnancial statements are issued in Art 2021 a on September 5. opened checking accounts at Second Commercial Bank and negotiated shortenine of credit foto 59000.000 at the barkame rate 25% at the times the company way to commentfo bron October, borrowed 56 million cash from Second Commercial Bank under the line of credit and stud a five-month promissory note. Interest at the prime rate of 2% was payable at maturity Management and to issue year bonds in February to repay the note Received $3.000 of refundable opties in December for alle containers used to transport and store chemical based products d. For the September-December ponod, sales on account totale $4 400.000. The states textes and the local sales tax rate (This is a summary journal entry for the many individual sales transactions for the period Recorded the adjusting entry for accrued interest 2022 is March, and the entire amount of the note on its March 1 due date, Ling proceeds from a february Suance of $3.0 million of so- 9The storage contare covered by tefundable deposits are expected to be returned during the festnine months of the year Malf of the containers are totumed in March 2022 Required: 1. Prepare the appropriate journal entries for items -9 2. Prepare the comfort and long.com liability cactions of the December 31, 2021 batance sheet. Trace accounts payable on that cate: Complete this question by entering your answers in the table Hund Preoare the propriate journal entries for the form ouma entry required in the foreld Enter your in whold) View reben Journal entry worksheet Record of $3.000 fundable in Deumber for sale contened to transport and store derical based products Transi Olom GO the note Camden Blotechnology began operations in September 2021 The following selected transaction relate to abilities of the company for September 2021 through March 2022 Came's fiscal year ones on December 31, its financial statements are ed in April 2021 a on September 5.opened checking accounts Second Commercial Bank and negotiated a shon-zoom line of credit of up to $9.000.000 at the bank's prime rate 12.5% at the time. The company will pay na commitment to b. on October borrowed $6 million cash from Second commercial Bank under the line of credit and sued a five-month prostory note: Interest at the pame rate of 12% was payable at maturity Management planned to issue 10year bonds in February to pay c. Received $3,000 of refundable deposits in December for reusable containers used to transport and store chemical-based products d. For the September December period cales on account totaled 54,400.000. The state cales tax rates and the local sales tax rate. This is a summary oumal entry for the many individust sales transactons for the period Recorded the dusting entry for accrued terest 2022 In March and the entre amount of the note on ne March 1 due date, using proceeds from a February stance of 530 million of 10 The Hope containers covered by refundable deposits are expected to be returned during the first nine months of the year. Half of the containers were returned in March 2022 Required 1 Prepare the appropriate Journal entries for temps a 2. Preparar na current and long-term liability sections of the December 31, 2021. balance sheet Trade accounts payable on that done were $273.000 Complete this question by entering your answers in the tabs below Recu Proste propriate Journal entries for empty required for a transaction et contry roured in the font. Enter your ain whole Viewsbon Journal entry worksheet 1 2 5 5 7 Record for the beDecember penod sales on a count totale 54.400,000. The state and the local text Transaction d Record entry City the note Camden Blotechnology began operations in September 2021. The following selected transactions relate to liabilities of the company for September 2021 through March 2022. Comden's fiscal year ends on December 31 hs financial statements are issued in April 2021 a On September 5. opened checking accounts a second commercial Bank and negotiated a shon-zerm line of credit of up to 5 on October 1, borrowed 56 milloneath from Second Commercial Bank under the line of creat and issued a five-month promissory note Interest at the prime rate of 123 was payable at maturity Management planned to Issue 10-year bonds in February to repay c. Received $3000 of refundable deposits in December for reusable containers used to transport and store chemical-based products d. For the September December period, cales on account totaled $4 400.000. The state sales tax rate is 3% and the local sales tax rate is 3%. This is a summary journal entry for the many individual sales transactions for the period) e Recorded the adjusting entry for accrued interest 2022 tin March.paid the same amount of the noto on ns March 1 due dato, uisting proceeds from a February ksuance of 53.0 million of 10- o The storage containers covered by tofundable deposits are expected to be returned during the first nine months of the year Half of the containers were turned in March 2022 Required: 1. Prepare the appropriate Journal ontries for tems -9 2. Prepare the current and long term liability sections of the December 31, 2021, balance shoot Trade accounts payable on that date were $273.000 Complete this question by entering your answers in the tabs below, Rune Red Prepare the appropriate four etrus for items are ne entry is mouired for a transaction/event, select "No journal untry required In the first and Enter your answers in whole dollar) Viewrathon Journal entry worksheet Recorded the adjusting entry for accrued interest Transaction On Journal Debil City www Required Camden Biotechnology began operations in Septembar 202L The following selected transactions relate to abides of the company for September 2021 through March 2022 Carden's fiscal year ends on December 31. ls financial statements are sued in Apri 2021 a on September 5. opened checking accounts at Second Commercial Bank and negotiated a short-term line of credit of up to b. on October 1, bonowe 36 milion cash from Second Commercial Bank under the line of credit and issued a five-month promissory note. Interest at the prime rate of 2 was payable at maturity Management planned to issue 10 year bonds in February to ropay the noto c. Received $3.000 of refundable deponts in December for reusable containers used to transport and store chemical-based products d. For the September-December period. sales on account totaled $4,400.000 The state sales tax rato 15 3% and the local sales tax rate 3 This a summary Journal entry for the many individual sales transactions for the period Recorded the adjusting entry for accrued interest 2022 Lin Match, paid the entire amourt at the rate on its March 1 due dato, using proceeds from a February suance of 53.0 million of 10 The storage containers covered by refundable deposits are expected to be returned during the fest nine months of the year Hall of the containers were returned in March 2022 Required: 1. Prepare the appropriate journal entries for items - 2. Prepare the current and long-term liability sections of the December 31, 2021 balance sheet Trade accounts payable on that date were $273.000 Complete this question by entering your answers in the tabs below. Required 2 Prepare the appropriate coma entries for entry is required for atraction, we al entre . your in whole dolar View transactional Journal entry worksheet 1 2 > Records of $30 min of 10-year bonde General DO Tratton 4.1 cony GY Camden Biotechnology began operations in September 2021. The following selected transactions relate to labilmes of the company for September 2021 through March 2022 Camden's fiscal year ends on December 31 its financial statements are sued in April 2021 4. On September 5, opened checking accounts at Second Commercial Bank and negotiated a short-term line of credit of up to $9,000,000 at the bank's prime rate (125at the time. The company will pay no commitment fees b. on October 1, borrowed 56 million cash from Second Commercial Bank under the line of credit and issued a five-month promissory note interest at the prime rate of 12 was payable at maturity Management planned to sue 10-year bonds in February to repay c. Received $3,000 of refundable deposits in December for reusable containers used to transport and store chemical-based products, d. For the September-December period sales on court totaled 54,400,000. The state sales tax rates 3% and the local sales tax rate is this is a summary joumal entry for the many individual sales transactions for the periodi Recorded the adjusting entry for accrued interest 2022 t. In March paid the entire amount of the noto on its Marchi due date, using proceeds from a February issuance of $30 milion of 10 year bonds at face value along with other available cash 9 The storage containers covered by refundable deposits are expected to be returned during the first nine months of the year Half of the containers were returned in March 2022 Required 1. Prepare the appropriate journal entries for tema 2. Prepare the current and long-term liability sections of the December 3 2024 balance sheet Trade accounts payable on that date were $273.000 Complete this question by entering your answers in the tabs below. Red Red Prepare the appropriate journal entries for tem oferty is uired for atraction/vnt, select "Ne journal entry required In the first account held Enter your answer in whole dollars) View atton Journal entry worksheet O 2 3 4 + Record the payment of the bank loan due on March 1 Transaction Goal My Cat Camden Biotechnology begon operations in September 2021 The following selected transactions relate to liabeties of the company for September 2021 through March 2022. Camden's fiscal year ends on December 31. Its financial statements are issued in April. 2021 On September 5, opened checking accounts at Second Commercial Bank and negotiated a short-term line of credit of up to $9.000.000 at the bank's prime rate 12.5% at the time The company will pay no commitment fees b. on October 1, borrowed 56 mon cash from Second Commercial Bank under the mind of credit and stued a five-month promissory note: Interest at the prime rate of 12 was payable at maturity Management planned to issue 10 year bonds in February to repay the note c. Received $3,000 of refundable deposits in December for reusable containers used to transport and store chemical-based products d. For the September-December penod sales on account totaled $4,400,000. The state sales tax rate is 3% and the local sales tax rate is 3 (This is a summary joumal entry for the many individual sales transactions for the period e. Recorded the adjusting entry for accrued interest 2022 t th March, paid the entito amount of the note on its March 1 due dato, uting proceeds from a February issuance of $3.0 million of 10 year bonds at face value, along with other available cash 9 The storage containers covered by refundable deposits are expected to be returned during the first nine months of the year. Half of the containers were returned in March 2022 Required 1. Prepare the appropriate joumal ontres for items 9 2. Prepare the current and long term liability sections of the December 31: 2021 balance sheet Trade accounts payable on that date were $273.000 Complete this question by entering your answers in the tabs below. Red sed Prepare the appropriate journal entries for items ar no intrycroquired for a transactionantselei No joutui entry required" in the first account field. Enter your answers in whole dollars) Vlowtransaction Journal entry worksheet Record hat of the storage containerswered by refundable deposits were retumed in March. The remaining containers are spected to be returned during the next six months Transaction General Det Croat Recordantry Corantry Camden Biotechnology began operators in September 2021 The following selected transactions relate to liabilities of the company for September 2021 through March 2022. Camden's fiscal year ends on December 31. Its financial statements are issued in April 2021 a. On September 5, opened checking accounts at Second Commercial Bank and negotiated a short-term ine of credit of up to b. on October bortowed 56 millon dash from Second Commercial Bank Under the ine of credit and issued a five-month promissory note. Interest at the prime rate of 2% was payable at maturity Management planned to me 10 year bands in February to repay the note c. Received $3.000 of refundable deposits in December for reusable containers used to transport and store chemica-based products d. For the September-December period, sales on account totaled $4.400,000. The state sales tax rate is 3% and the local sales tax rates 3 This is a summary journal entry for the many individual sales transactions for the period Recorded the adjusting entry for accrued Interest 2022 In March, paid the entire amount of the note on its March 1 due date, using proceeds from a February issuance of $30 milion of 10 year bonds at face value, along with other available cash 9. The storage containers covered by refundable deposits are expected to be returned during the first nine months of the year. Half of the containers were returned in March 2022 Required: 1. Prepare the appropriate journal entries for tomag 2. Prepare the current and long-term labuty sections of the December 31, 2021, balance sheet Trade accounts payable on that date were $273.000 Complete this question by entering your answers in the tabs below. Required Required Pregunthe current and long-term ability reactions of the December 31, 2021, balance sheet. Trade accounts payable on that date were $273.000. (Enter your answers in whole dollar) Camden Biotechnology Balance sheet (partia At December 31, 2001 Current abilities Totalmente Long-term labi