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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
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.) Sep. 1, 2023: Purchased equipment costing $14,000 by issuing a one-year, 6% note payable. Date 2023 Sep. 1 Accounts and Explanation Debit Credit More info Sep. 1, 2023 Purchased equipment costing $14,000 by issuing a one-year, 6% note payable. Accrued interest on the note payable. Dec. 31, 2023 Sep. 1, 2024 Paid the note payable plus interest at maturity. Print Done
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