Please 1) Record the transactions, 2) Record adjusting entries for the following: Interest on the note payable
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Please 1) Record the transactions,
2) Record adjusting entries for the following:
- Interest on the note payable
- The estimated warranty liability
- Employee benefits for CPP, EI, and vacation pay (accrued at a rate of 4%)
- Estimated property taxes of $8,820for the 2021 calendar year
3) Prepare the current liabilities section of the balance sheet at January 31
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/6677d6d9962b2_8176677d6d976805.jpg)
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