Question: Recording note payable transaction Consider the following note payable transaction of Creative Video Productions. 2014 May 1 Purchased equipment costing $17,000 by using one-year 65

Recording note payable transaction Consider the following note payable transaction of Creative Video Productions. 2014 May 1 Purchased equipment costing $17,000 by using one-year 65 note payable Dec 3 Accrued interest on the note payable 2015 May 1 Paid the note payable plus interest at maturity Journalize the transaction for the company

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