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Consider the following note payable transactions of Caldwell Video Productions. (Click the icon to view the transactions.) Requirements Journalize the transactions for the company. Considering
Consider the following note payable transactions of Caldwell Video Productions. (Click the icon to view the transactions.) Requirements Journalize the transactions for the company. Considering the given transactions only, what are Caldwell Video Production's total liabilities on December 31, 2015? Requirement 1. Journalize the transactions for the company. (Record debits first, then credits. Explanations will appear on the last line of the journal entry table.) Apr. 1, 2014: Purchased equipment costing $198,000 by issuing a nine-year, 8% note payable. The note requires annual principal payments of $22,000 plus interest each Apr. 1
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