Need help

Consider the following note payable transactions of caleb Video Productions Click the icon to wew the transactions) Requirements 1. Joumalize the transactions for the company. December 31. 201m Considering the gven tansactions only what ae Caleb Video Productions' totalliabilities on year rs nete requires annual principal payments ofso,000 plus interest each sep 1. Recend debts Requirement 1. Joumalize the transactions for the company. Sep 1.2016 equipment costing s270.000 note payable. T first, then credits Select explanations on the last line ofthe journal entry. Accounts and Explanation 2016 Sep 1 Dec 31, 2016 Accrued interest on the note payable. Debit cr Accounts and Explanation Dec 31 Sep 1.2017 Paid the first installment on the note, Accounts and Explanation Sep 1 Choose from any Ist or enter any number in the input fields and then continue to the next