Question 2 of 5 - / 1 ill View Policies Current Attempt in Progress On June 1, 2021, Crans Company purchases equipment on account from Moleski Manufacturers for $63.600.Crane is unable to pay its account on July 1, 2021, so Moleski agrees to accept a three-month, 49 nate payable from Crane. Interest is payable the first of each month, starting August 1, 2021. Moleski has an August 31 fiscal year and and adjusts its accounts on an annual basis. Record all transactions related to the note for Crane Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Round answers to o decimal places.cg. 5.275. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit 2021 (Purchased equipment on account. Signed a note in exchange for a past-dus accounts payable) (Paid interest Expense) > (Accrued interest payable. (Paid interest owing. Oct 1 Paid note and interest owing