Question 1: On October 31, 2019, Linx purchased $22,000 of equipment on a one-year, 10 percent note payable. Journalize the company's purchase of equipment, the accrual of interest expense on May 31, 2020 (its fiscal year end), and the payment of the note plus interest on October 31, 2020. Make the journal entries for the transactions which took place for Linx. October 31, 2019. Linx purchased $22,000 of equipment on a one year, 10 percent note payable. (Record debits first, then credits. Exclude explanations from journal entries.) General Journal Oct. Date 2019 May Date 31 2020 May 31, 2020. Accrued interest expense. (Round your answer to the nearest whole dollar.) General Journal Accounts 31 Debit Accounts Credit Debit

(tas fiscal your end), and the poyment of the note plis inturest on Odiobor 31,2020 . Makn the journal entries for the transactions which look place for Linc October 31, 2019. Linx purchased \\( \\$ 22,000 \\) of oqupment on a one year, 10 percent nole payable. (Recerd debits first, then credits. Exclude explanations trom joumal entries) May 31. 2020. Accrued Whrest expense (Round your an wwer to the neareat whole dollac) October 31, 2020. Payment of the note plus interest