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1 Brief Exercise 9-1 Record installment notes (L09-2) 8 pints On January 1, 2021, Corvallis Carnivals borrows $15,000 to purchase a delivery truck by agreeing

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1 Brief Exercise 9-1 Record installment notes (L09-2) 8 pints On January 1, 2021, Corvallis Carnivals borrows $15,000 to purchase a delivery truck by agreeing to a 6%, four-year loan with the bank. Payments of $352 28 are due at the end of each month, with the first installment due on January 31, 2021. Record the issuance of the note payable and the first monthly payment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round your intermediate calculations. Round your final answers to 2 decimal places.) eBook Print References View transaction list Journal entry worksheet 2 Record the first monthly payment. nt Note: Enter debts before credits Debit Credit General Journal Date January 31 2021 Notes Payable Proy 1 of 5 !! Next > w View transaction list Journal entry worksheet

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