The following transactions of Right Aid Pharmacies occurred during 2024 and 2025.

The following transactions of Right Aid Pharmacies occurted during 2024 and 2025 : i) (Click the icon to view the transactions.) Read the reguiremants. Requirement 1. Journalize the transactions in the Right Aid Pharmacies general joumal, Round all answers to the nearest dollar. Explanations are not required. (Record debits fint, then credta. Exclude explanations from any joumal entries, Round all answors to the nearest dolar.) Mar. 1, 2024: Borrowed $350,000 from Margate Bank. The seven- year, 14% note requires payments due annually, on March 1. Each payment consists of $50,000 principal plus one years interer Dec. 1, 2024: Mortgaged the warehouse for $300,000 cash with Sawyer Bank. The morlgage requires monthly payments of $7,000. The interest rate co the note is 3% and accrues monthly. The fn Davment is due on January 1,2025 . e following transactions of Right Aid Pharmacies occurred during 2024 and 2025 : (Click the icon to view the transactions.) Dec. 31, 2024: Recorded interest accrued on the Sawyer Bank note. Requirement 2. Propare the liabilities section of the balance sheet for Right Aid Pharmacies on March 1,2025 after all the joumal entries are recorded. First, prepare an amortization schedule for the Sawyer Bank mortgage to March 1, 2026. Prepare the schedule for the first three payments, then the remaining months one at a tiroe answers to the nearest whole dollar.) 1) (Click the icon to view the transactions:) Read the reguirements. 3/01/2026 Now prepare the liabilities section of the balance sheet for Right Aid Pharmacies on March 1, 2025, (If a box is not used in the table leave the box empty, do not sulpd a Revilew the amortization schedule you prepared above