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E11-14 Journalize the following note payable transactions of Concilio Video Productions. Explanations are not required. 2007 May 1 Purchased equipment costing $15,000 by issuing a

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E11-14 Journalize the following note payable transactions of Concilio Video Productions. Explanations are not required. 2007 May 1 Purchased equipment costing $15,000 by issuing a one-year, 8% note payable. (pp. 551-552) Accrued interest on the note payable. (pp. 551-552) Dec. 31 2008 May 1 Paid the note payable at maturity. (pp. 551-552)

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