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Consider the following note payable transactions of Cadek 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 Cadek 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 line of the journal entry table.) Aug. 1, 2017: Purchased equipment costing $28,000 by issuing a one-year, 3% note payable. More Info Date Accounts and Explanation Debit Credit 2017 Aug. 1 Purchased equipment costing $28,000 by issuing a one-year, 3% note payable. Aug. 1, 2017 Dec. 31, 2017 Aug. 1, 2018 Accrued interest on the note payable. Paid the note payable plus interest at maturity. Dec. 31, 2017: Accrued interest on the note payable. Print Done Date Accounts and Explanation Debit Credit 2017 Dec. 31 Aug. 1, 2018: Paid the note payable plus interest at maturity. Date Accounts and Explanation Debit Credit 2018 Aug. 1

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