6) What is the title of the account that should be credited? (including the name of the equipment company)

7) What is the title of the account that should be debited? (including the name of the equipment company)

8) What is the amount that Interest Expense should be debited?

Wishbone Multimedia had the following note payable transactions for 2017 and 2018. June 1, 2017 - purchased equipment from Texco costing $18.000 by issuing a one-year, 8% note payable. General Journal Account Name Credit Equipment Debit 18.000 18.000 July 7, 2017 - needing more time to pay, a $2.000 accounts payable to Lone Star Videos, a 90 day, 12% note was issued. General Journal Account Name Debit Credit Note Payable - Lone Star Videos Oct. 5, 2017 - paid the note dated July 7 plus the interest at maturity General Journal Account Name 7. Interest Expense Credit Debit 2,000 8. Cash