Consider the following note payable transactions of Campbell Video Productions. (Click the icon to view the transactions.) Requirements 1. Journalize the transactions for the company 2. Considering the given transactions only, what are Campbell Video Productions' total liabilities on December 31, 2019? Requirement 1. Journalize the transactions for the company (Record debits first, then credits. Select explanations on the last line of the journal entry) Jul 1, 2018: Purchased equipment costing 5450,000 by issuing a fifteen-year, 14% note payable. The note requires annual principal payments of $30,000 plus interest each July 1 Date Accounts and Explanation Debit Credit 2018 Jul 1 Choose from any list or enter any number in the input fields and then click Check Answer 4 parts Clear All remaining i More Info - X reste 2018 Jul. 1 Purchased equipment costing $450,000 by issuing a fifteen-year, 14% note payable. The note requires annual principal payments of $30,000 plus interest each July 1. Dec. 31 Accrued interest on the note payable. 2019 Jul. 1 Paid the first installment on the note. Dec. 31 Accrued interest on the note payable. h Print Done then click Check Answer Clear All