Score: 0 of 1 pt 6 of 9 (0 complete) E11-15 (similar to) Consider the following note payable transactions of Collective Video Productions. 2015 Aug. 1 Purchased equipment costing $20,000 by issuing a one-year, 9% note payable. Dec 31 Accrued interest on the note payable 2016 Aug. 1 Paid the note payable plus interest at maturity. 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, 2015: Purchased equipment costing $20,000 by issuing a one-year, 9% note payable. Date Accounts and Explanation Debit Credit 2015 Aug. 1