1. Record the following ST note payable transactions: August 1, 2021 - Purchased equipment costing $16,000 by issuing a one-year, 9% note payable. Dec 31, 2021 - Accrued interest on the note payable August 1, 2022 - Paid the note payable plus all interest on the maturity date. Debit Date Accounts Credit

1. Record the following ST note payable transactions: August 1, 2021 - Purchased equipment costing $16,000 by issuing a one-year, 9% note payable. Dec 31, 2021 - Accrued interest on the note payable August 1, 2022 - Paid the note payable plus all interest on the matw