On June $1,2022,$ Ronald Company purchased inventory costing $$94,000$ by signing a $6\%,$ nine$-$month, short$-$term note payable. Ronald will pay the entire note $($principal and interest$)$ on the note's maturity date. Journalize the company's $($a$)$ purchase of inventory and $($b$)$ accrual of interest on the note payable on December $31,2022.($Record debits first, then credits. Exclude explanations from any joumal entries.$)$

$($a$)$ Journalize the company's purchase of inventory.

Journal Entry

$\backslash$table$[[$Date$,$Accounts,Debit,Credit$],[$Jun$,2022,,],[,,,],[,,,],[,,,]]$

$($b$)$ Journalize the company's accrual of interest on the note payable on December $31,2022.$