Consider the following note payable transactions of Crandell 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. 2017: Purchased equipment costing $20,000 by issuing a one-year, 9% noto payable. Date Accounts and Explanation Debit Credit 2017 Sep. 1 Equipment Notes Payable 20,000 20,000 Purchased equipment in exchange for one year, 9% note. Dec 31, 2017: Accrued interest on the note payable. Choose from any list or enter any number in the innut fields and then click Check Answer Consider the following note payable transactions of Crandell Video Productions i (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.) Purchased equipment in exchange for one-year, 9% note. Date Debit Credit Dec 31, 2017: Accrued interest on the note payable. Accounts and Explanation 2017 Dec. 31 Interest Expense Interest Payable 600 600 Accrued interest expense at year-end. Consider the following note payable transactions of Crandell Video Productions. (Click the icon to view the transactions.) Joumalize the transactions for the company. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Accrued interest expense at year-end. Sep. 1. 2018: Paid the note payable plus interest at maturity. Date Accounts and Explanation Debit Credit 2018 Sep. 1 Notes Payable 20000 Interest Expense Interest Payable Cash