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Consider the following note payable transactions of Cabico Video Productions. (Click the icon to view the transactions.) Journalize the transactions for the company. (Record debits

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Consider the following note payable transactions of Cabico Video Productions. (Click the icon to view the transactions.) Journalize the transactions for the company. (Record debits first, then credits. Select the explanation on the last ge of the journal entry table.) Jul. 1, 2023: Purchased equipment costing $22,000 by issuing a one-year, 9% note payable. Date Accounts and Explanation Debit Credit 2023 Jul. 1 Jul 1, 2023 Dec. 31, 2023 Jul. 1, 2024 Purchased equipment costing $22,000 by issuing a one-year, 9% note payable Accrued interest on the note payable. Paid the note payable plus interest at maturity

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