Camden Biotechnology began operstions in September 2021. The foliowing relected trainssctions reiate to wibilies of the compony for September 2021 through March 2022. Cnmdon's fiscal yesr ends on December 3 t. its financial statements are issued in Ageri 2021 a. On September 5. opened checking accounts ot 5 econd Commerciel Bank and nogotuted a shortiterm lno of credit of up to 527000,000 at the bonk's prime rate 12.5% at the timek the company will pay no commitment fees b. On Qctober 1, bwrowod $24 maion cash from Second Commercial Bank under the line of credit ond asued a five-month promissory note. Interest at the prime rate of 12% was poyoble at maturity. Manogement planned to issue iQ-year tands in Febristy to tepay the note c. Received $2,400 of refundable deposis in December for reusable containers used to transport and store chemical-based products d. For the September-December period, soles on occount totaied 54,950,000. The state-sales rax rate is 34t and the local sales tax rate is 3%. (This is a summary joumal entry for the many individual sales transictions for the period] e. Recorded the odjusting entry for accrued interest 2022 f. In March, poid the entire amount of the note on its March 1 due dote, using proceeds frome a February issuance of $20.5 milion of 10 -year bondis at foce value, aiong with other avallable cash. 9. The storage containers covered by refundable doposits ate expected to be returned during the fitst nine morths of the year. Half of the containers were returned in March 2022. Required: 1. Prepare the appropriate journal entries for items a-g 2. Prepare the current and long-term liability soctions of the. December 31,2021 , balance sheet. Trade accounts payable on that date were $297,000. Complete this question by entering your answers in the tabs below. Prepore the appropriate journal entries for items a-9. (Il no entry is required for a transaction/event, seiect "No lournai en in the first account field, Enter your answers in whole doliars-? Journal entry worksheet 2045673 Aecord opening of checking accounits at Second Commercial Bank and negotiated a short-term line of credit of up to $27,000,000 at the bank's prime rate (12.5% at the time). The company will pay no commitment fees. Wotel Enter ifebits Eefore credts