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Consider the following note payable transactions of Concilio Video Productions. (Click the icon to view the transactions.) Journalize the transactions for the company. (Record debits
Consider the following note payable transactions of Concilio 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.) Apr. 1, 2023: Purchased equipment costing $10,000 by issuing a one-year, 3% note payable. More info \begin{tabular}{ll} \hline Apr. 1, 2023 & Purchased equipment costing $10,000 by issuing a one-year, 3% note payable. \\ Dec. 31, 2023 & Accrued interest on the note payable. \\ Apr. 1, 2024 & Paid the note payable plus interest at maturity. \\ \hline \end{tabular}
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