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On August 1, 2022, The Boutique at Mill Lake, Inc, purchased inventory costing $44,000 by signing a 12%, sio-month, short-term note payable. The company wil pay the entire note (principal and interest) on the nose's maturity date. Read the reguirements. Requirement 1. Journalize the company's purchase of imventory, (Record dobits first, then credits. Exclude explanations from joumal entries.) Requirements 1. Journalize the company's purchase of inventery. 2. Make the agjusting entry for accual of interest on the note payable on Decenber 31, 2022 3. At December 31, 2022, what is reported on the baiance sheet reiated to this note payable? 4. Record the payment of the note payabie (principal and interest) on its maturity date