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Jun. 1, 2024: Paid the note payable plus interest at maturity. Consider the following note...

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Accounting

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Jun. 1, 2024: Paid the note payable plus interest at maturity. Consider the following note payable transactions of Cabico 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 Jun. 1, 2023: Purchased equipment costing $32,000 by issuing a one-year, 6% note payable. Dec. 31, 2023: Accrued interest on the note payable. Jun. 1, 2024: Paid the note payable plus interest at maturity. Jun. 1, 2024: Paid the note payable plus interest at maturity

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