Record the following transactions of Cocholamot Co. in the companys journal.

1) 5/1/22: Cocholamot Co. purchased equipment costing $21,000 by issuing a one-year, 8% note payable.

2) 12/31/22: Cocholamot Co. accrued interest on the note payable.

3) 5/1/23: Cocholamot Co. paid the note payable and the interest.