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Consider the following note payable transactions of Carlton Video Productions. (Click the icon to view the transactions.) Requirements 1. Journalize the transactions for the company. 2. Considering the given transactions only, what are Carlton Video Productions' total liabilities on December 31, 2019? Requirement 1. Journalize the transactions for the company. (Record de bits first, then credits. Select explanations on the last line of the journal entry) Oct. 1. 2018: Purchased equipment costing $80,000 by issuing a five-year, 8% note payable. The note requires annual principal payments of $16,000 plus interest each October 1. Date Accounts and explanation Debit Credit 2018 Oct 1 Dec 31, 2018: Accrued interest on the note payable Tiller- son E Consider the following note payable transactions of Carlton Video Productions. (Click the icon to view the transactions.) Requirements 1. Journalize the transactions for the company. 2. Considering the given transactions only, what are Carlton Video Productions' total liabilities on December 31, 2019? Dec 31, 2018: Accrued interest on the note payable. Date Accounts and Explanation Debit Credit 2018 Dec. 31 Consider the following note payable transactions of Carlton Video Productions. (Click the icon to view the transactions.) Requirements 1. Journalize the transactions for the company. 2. Considering the given transactions only, what are Carlton Video Productions' total liabilities on December 31, 2019? Oct. 1, 2019: Paid the first installment on the note. Accounts and Explanation Debit Credit Date 2019 Oct 1 Consider the following note payable transactions of Carlton Video Productions. i (Click the icon to view the transactions.) Requirements 1. Journalize the transactions for the company. 2. Considering the given transactions only, what are Carlton Video Productions' total liabilitie: on December 31, 2019? Dec 31, 2019: Accrued interest on the note payable. Date Accounts and Explanation Debit Credit 2019 Dec. 31 Requirement 2. Considering the given transactions only, what are Carlton Video Productions total liabilities on December 31, 2019? The total liabilities of Carlton Video Productions on December 31, 2019 are $ Choose from any list or enter any number in the input fields and then continue to the next question Requirement 2. Considering the given transactions only, what are Carlton Video Productions total liabilities on December 31, 2019? The total liabilities of Carlton Video Productions on December 31, 2019 are $ Choose from any list or enter any number in the input fields and then continue to the next C More Info 2018 Oct. 1 Purchased equipment costing $80,000 by issuing a five-year, 8% note payable. The note requires annual principal payments of $16.000 plus interest each October 1. Dec. 31 Accrued interest on the note payable. 2019 Oct. 1 Paid the first installment on the note. Dec 31 Accrued interest on the note payable. Print Done