Need requirement 2

Apr. 1, 2019: Paid the first installment on the note Debit Credit Date 2019 Apr 1 Notes Payable Accounts and Explanation 15280 Cash 15280 Paid first installment of note Dec 31, 2019 Accrued interest on the note payable. Date Accounts and Explanation Debit Credit 2019 Dec. 31 Interest Expense 4680 Notes Payable 4680 accrued interest Requirement 2. Considering the given transactions only what are Caldwell Video Productions total liabilities on December 31, 20192 The total liabilities of Caldwell Video Productions on December 31, 2019 are S Consider the following note payable transactions of Caldwell Video Productions. (Click the icon to view the transactions.) Requirements 1. Journalize the transactions for the company 2. Considering the given transactions only, what are Caldwell Video Productions' total iabliles on December 31,2019? Requirement 1. Journalize the transactions for the company (Record debits first,thon credits. Select explanations on the last line of the journal enty) Apr 1, 2018 Purchased equipment costing S56000 by issuing a seven-year, 13% note payable Th e note requires annual principal payments of sa000 plus interest each April 1 Accounts and Explanation Debit Credit Date 2018 Apr 1 Equipment 56000 Notes Payable 56000 Purchased equipment by isauing a 7-year 13% note Dec 31, 2018: Accrued interest on the note payable Date Accounts and Explanation Debit Credit 2018 5460 Dec 31 Interest Expense Notes Payable Recognized accrued interest