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Consider the following note payable transactions of Cigliano 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 Cigliano 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 $30,000 by issuing a one-year, 3% note payable. Accounts and Explanation Debit Date Credit 2023 Sep. 1 X More info Sep. 1, 2023 Purchased equipment costing $30,000 by issuing a one-year, 3% note payable Dec. 31, 2023 Accrued interest on the note payable. Sep. 1, 2024 Paid the note payable plus interest at maturity. Print Done

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