Try another version of this question Consider the following note payable transactions of Hernandez Video Productions. 2020 2021 Journalize the transactions for the company.
Date Description Debit Credit May 1, 2020 May 1, 2020 December 31, 2020 December 31, 2020 May 1, 2021 May 1, 2021 May 1, 2021 May 1, 2021 Date Description Debit Credit May 1, 2020 Equipment 12,500.00 May 1, 2020 Notes Payable 12,500.00 December 31, 2020 Interest Expense 583.33 December 31, 2020 Interest Payable 583.33 May 1, 2021 Notes Payable 12,500.00 May 1, 2021 Interest Payable 583.33 May 1, 2021 Interest Expense 291.67 May 1, 2021 Cash 13,375.00