E11-15 (similar to) E11-15 (similar to) Consider the following note payable transactions of Concert 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 Mar 1, 2017: Purchased equipment costing $32,000 by issuing a one-year, 3% note payable. Date Accounts and Explanation Debit Credit 2017 Mar. 1 | | | 11 of 12 (0 complete) o Productions then credits. Select the explanation on the last line of the journal entry table.) ong More Info 2017 Mar. 1Purchased equipment costing $32,000 by issuing a one-year, 3% note payable. Dec. 31 Accrued interest on the note payable 2018 Mar. 1 Paid the note payable plus interest at maturity. point Done then click Check Answer Clear All