Record the following note payable transactions of Crandell Corp. in the company's journal. Round intermediate interest calculations to the nearest cent and final amounts to the nearest dollar. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) (Cik the icon to view the transactions) Nov 1, 2018: Purchased equipment costing $8,000 by issuing a one-year, 6% note payable. | More Info General Journal Date 2018 Nov Accounts Debit Credit 2018 Nov 1 Purchased equipment costing $8,000 by issuing a one-year, 6% note payable. Dec 31 Accrued interest on the note payable. 2019 Nov1 Paid the note payable at maturity. Print Done