REQUIREMENTS:

20172017
Aug.Aug.	1	Purchased equipment costing $16,000 by issuing a one-year, 99% note payable.
Dec.Dec.	31	Accrued interest on the note payable.
20182018
Aug.Aug.	1	Paid the note payable plus interest at maturity.

Consider the following note payable transactions of Creative Video Productions. (Click the icon to view the transactions.) Journalize the transactions for the company. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Aug. 1, 2017: Purchased equipment costing $16,000 by issuing a one-year, 9% note payable. Accounts and Explanation DebitCredit Date 2017 Aug. 1 Consider the following note payable transactions of Creative Video Productions. Click the icon to view the transactions.) Journalize the transactions for the company. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Dec. 31,ZUT: Accruea interest on tne note payapie. Debit Credit Accounts and Explanation Date 2017 Dec. 31 Aun 1 2018. Paid the note navahle nlus interest at maturitw Aug. 1, 2018: Paid the note payable plus interest at maturity. Debit Credit Accounts and Explanation Date 2018 Aug. 1