*please show all work*

Question 1 (3 pts): Consider the following note payable transactions of Creative Video Productions, 2017 Aug. 1 Purchased equipment costing $16,000 by issuing a one-year, 9% note payable Dec 31 Accrued interest on the note payable 2018 Aug 1 Paid the note payable plus interest at maturity Journalize the transactions for the company. (Hint: on Dec 31, 2017 interest on the note payable has been accrued for 5 months and should be debited to Interest Expense and credited to Interest Payable. On Aug. 1. 2018, interest has been accrued for months.) Question 2 (4 pts): Consider the following note payable transactions of Caleb Video Productions 2018 Oct 1 Purchased equipment costing $80,000 by issuing a five-year, 8% note payable. The note requires annual principal payments of S16,000 plus interest each October 1, Dec. 31 Accrued interest on the note payable 2019 1 Paid the first installment on the note. Dec 31 Accrued interest on the note payable Joumalize the transactions for the company Oct Question 3 (3 pts): Eates Corp. issued 8,000 shares of no-par common stock for $13 per share. Requirements 1. Record issuance of the stock it the stock a. is true no par stock b. has stated value of $3 per share. 2. Which type of stock results in more total paid-in capital