Michael Cohen testified that he understood Trump would eventually pay for the rights to Karen's McDougal's story, which AMI had purchased for $150,000.

"What I was doing, I was doing at the direction of, for the benefit of Mr. Trump," Cohen said.

But Cohen and AMI's David Pecker, in their testimony, offered slightly different accounts of why Trump ultimately did not reimburse AMI for the McDougal payment.

According to Cohen, Pecker said that McDougal's cover on Men's Health magazine prompted massive sales, making the McDougal agreement an "excellent business deal" for AMI.

"It was no longer necessary," Cohen said.

"He told me to rip it up, forget it," Cohen said about the deal.

According to Cohen, Trump responded to the news by saying, "Wow, that's great."

According to Pecker, when he told Cohen that the deal was off, Cohen was furious -- and said Trump would be as well.

"He was very, very, angry, very upset, screaming basically, at me. And I said, 'I am not going forward with this agreement -- rip it up,'" Pecker testified earlier in the trial. "Michael Cohen said, 'The boss is going to be very angry at you.'

Michael Cohen said then-Trump Organization CFO Allen Weisselberg suggested using a non-Trump entity to make the $150,000 payment to AMI to distance Trump from the deal.

"I went to Allen's Office. I expressed to him that we need funding of $150,000 to consummate this transaction. Allen then said to me, 'Well, if we do it from a Trump entity, that kind of defeats the purpose,'" Cohen recounted.

Cohen said Weisselberg suggested using a non-Trump entity for the transaction to distance Trump from the deal. Cohen said Weisselberg asked him to "think about ways that we could raise the $150,000."

"It was in order to keep it separate," Cohen said.

Cohen told the jury that he created the company "Resolution Consultants LLC" to purchase the life rights to McDougal's story. When asked about the purpose of the company, Cohen responded that it was "to use this entity for the assignment of the McDougal matter as well as the other information."

The "other information" appears to be a reference to the National Enquirer's other records on Trump that Cohen sought to attain.

Earlier in the trial, jurors heard from Cohen's banker Gary Farro about Cohen's frantic effort to create a bank account for Resolution Consultants LLC and saw the bank records associated with the company.

According to Michael Cohen, the recording he secretly made of a 2016 meeting with Trump abruptly ended because he took an incoming phone call on his phone.

"I must have believed it was an important phone call," Cohen testified.

Cohen added that he believed he recorded enough to prove to Pecker that the $150,000 reimbursement was coming, which he said was the the goal of the recording.

"I didn't want to record more -- I already had enough," Cohen said.

Jurors saw a phone record from AT&T that suggested Cohen received a call around the time of the recording.

The conversation briefly continued after the recording ended, according to Cohen.

Cohen said he told Trump, "I am going to head over to Allen Weisselberg's office and I will get back to him with more of an update."

Jurors briefly saw the metadata for the recording.

"Did you ever alter that recording?" Hoffinger asked.

"No," Cohen said.

Trump, at the defense table, shook his head "no" at Cohen's response. The former president appears much more engaged now, thumbing through a stack of papers in his hands.

Judge Juan Merchan restarted the proceedings after the mid-morning break. Before prosecutor Susan Hoffinger resumed her direct examination of Michael Cohen, Merchan instructed the jury that, in regards the secretly made recording the jury just heard, the recording itself is evidence in the case, not the transcript.

“It is the tape itself that is the evidence,” Merchan said, though he said the transcript will be accessible to the jury during deliberations.

Trump, back from the break, appears much more alert, sitting in his chair with his body angled directly toward Cohen as Cohen recounts more of the recording.

Twice, Trump shook his head "no" as Cohen spoke.

The courtroom in the Manhattan Criminal Courthouse is packed with reporters and security ahead of Michael Cohen's testimony.

Approximately 70 reporters are crammed into the gallery of the courtroom, seated on wooden benches that seat six per row. Five members of the public are seated in the back of the gallery behind the prosecution counsel table and jury box, and five court officers are scattered throughout the courtroom.

On the right side of the courtroom, earlier witnesses Jaden Jarmel-Schneider and Georgia Longstreet are seated near computer monitors. Both work as paralegals for the Manhattan district attorney's office and testified as part of the prosecution's case.

Jarmel-Schneider introduced phone records and a summary exhibit about the falsified documents into evidence, while Longstreet introduced Trump's social media posts into evidence.