PLEASE HELP. IT IS ONE QUESTION WITH REQUIREMENTS. 
Comden Biotechnology began operotions in September 2024. The following selected transactions relate to liabilities of the company for September 2024 through March 2025. Camden's fiscal year ends on December 31. Its finsncisl statements are issued in April. 2024 a. On September 5, opened checking accounts at Second Commercisl Bank and negotisted s short-term line of credit of up to $18,000,000 at the bank's prime rote ( 15.5% at the time). The compony will poy no commitment fees. b. On October 1, borrowed $15 million cosh from Second Commercial Bonk under the line of credit and issued a five-month promissory note. Interest at the prime rate of 15% was paysble at maturity. Management planned to issue 10 -year bonds in Februsry to repsy the note. c. Received $3,600 of refundable deposits in December for reusable containers used to transport and store chemical-based products. d. For the September-December period, ssles on sccount totaled $5,050,000. The state ssles tox rote is 3% and the local sales tax rote is 3%. (This is a summary journal entry for the many individual sales transactions for the period.) e. Recorded the ocjusting entry for accrued interest. 2025 f. In March, paid the entire amount of the note on its March 1 due date, using proceeds from a Februsry issusunce of $13.0 million of 10-yeor bonds at foce volue, slong with other ovoilable cosh. g. The storage containers covered by refundable deposits are expected to be returned during the first nine months of the year. Half of the contoiners were returned in Morch 2025. Required: 1. Prepare the oppropriste journol entries for items g. 2 Prepse the current and long-term liability sections of the December 31, 2024, balance sheet. Trade accounts paysble on that dote were $333,000. Complete this question by entering your answers in the tabs below. Prepare the current and long-term liability sections of the December 31,2024 , balance sheet. Trade accounts payable on that date were $333,000. Note: Enter your answers in whole dollars. Comden Biotechnology began operations in September 2024. The following selected transoctions relate to liabilities of the company for September 2024 through March 2025. Camden's fiscal year ends on December 31. Its financial statements are issued in April. 2024 a. On September 5, opened checking accounts at Second Commercisl Bank and negotisted s short-term line of credit of up to $18,000,000 ot the bank's prime rote ( 15.5% at the time). The compony will poy no commitment fees. b. On October 1, borrowed $15 million cosh from Second Commercial Bank under the line of credit and issued a five-month promissory note. Interest at the prime rate of 15% was paysble at maturity. Management planned to issue 10-year bonds in Februsry to repsy the note. c. Received $3,600 of refundable deposits in December for reusable containers used to transport and store chemical-based products. d. For the September-December period, soles on account totaled $5,050,000. The state sales tax rate is 3% and the local sales tox rate is 3%. (This is a summary journal entry for the many individual sales transactions for the period.) e. Recorded the odjusting entry for accrued interest. 2025 f. In Morch, paid the entire amount of the note on its March 1 due date, using proceeds from o Februsry issuance of $13.0 million of 10-yeor bonds at face volue, along with other avoilable cosh. g. The storsge conteiners covered by refundable deposits are expected to be returned during the first nine months of the year. Half of the contoiners were returned in Morch 2025. Required: 1. Prepsre the oppropriste journsl entries for items g. 2 Prepsre the current and long-term liability sections of the December 31, 2024, bolance sheet. Trade accounts paysble on that dote were $333,000. Complete this question by entering your answers in the tabs below. Prepare the appropriate journal entries for items a-g. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars. Journal entry worksheet 2345678 Note: Enter debits befare credits
