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( i ) ( Click the icon to view the transactions. ) Requirements Journalize the transactions for the company. Considering the given transactions only, what

(i)(Click the icon to view the transactions.)
Requirements
Journalize the transactions for the company.
Considering the given transactions only, what are Caroll Video Productions' total liabilities on December 31,2025?
Requirement 1. Journalize the transactions for the company. (Record debits first, then credits. Select explanations on the last line of the journal entry.)
Sep. 1,2024: Purchased equipment costing $270,000 by issuing a nine-year, 7% note payable. The note requires annual principal payments of $30,000 plus interest each September 1.
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