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Consider the following note payable transactions of Crouse Video Productions. (Click the icon to view the transactions.) Requirements 1. Journalize the transactions for the company. 2. Considering the given transactions only, what are Crouse Video Productions' total liabilities on December 31 , 2025? Requirement 1. Journalize the transactions for the company. (Record debits first, then credits. Select explanations on the last line of the journal entry.) Apr. 1, 2024: Purchased equipment costing $198,000 by issuing a nine-year, 8% note payable. The note requires annua principal payments of $22,000 plus interest each April 1. Dec 31, 2024: Accrued interest on the note payable: Consider the following note payable transactions of Crouse Video Productions. 1. (Click the icon to view the transactions.) Pomuiramente More info Requirements 1. Journalize the transactions for the company. 2. Considering the given transactions only, what are Crouse Video Productions' total liabilities on Dec 2025? Dec 31, 2024: Accrued interest on the note payable. Apr. 1, 2025: Paid the first installment on the note. Consider the following note payable transactions of Crouse Video Productions. (Click the icon to view the transactions.) Requirements 1. Journalize the transactions for the company. 2. Considering the given transactions only, what are Crouse Video Productions' total liabilities on December 31 , 2025? Dec 31, 2025 Accrued interest on the note payable. Requirement 2. Considering the given transactions only, what are Crouse Video Productions total liabilities on December 31, 2025? The total liabilities of Crouse Video Productions on December 31, 2025 are

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