Jullie uie transactions for the company. (Record debits first, then credits. Select explanations on the last line of the journal entry) Jun. 1. 2018: Purchased equipment costing $120,000 by issuing a ten-year, 5% note payable. The note requires annual principal payments of $12,000 plus interest each June 1. Date Accounts and Explanation Debit Credit 2018 Jun. 1 Dec 31, 2018 Accrued interest on the note payable Choose from any list or enter any number in the input fields and then continue to the next nunti