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2.500 XYZ FIRM BORROWED AN AMOUNT BY ISSUING AN INSTALLMENT NOTE DETAILS OF THE INSTALLEMNT NOTE ARE FOLLOWING: BORROWED AMOUNT NOTE TIME TENURE (IN YEARS)

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2.500 XYZ FIRM BORROWED AN AMOUNT BY ISSUING AN INSTALLMENT NOTE DETAILS OF THE INSTALLEMNT NOTE ARE FOLLOWING: BORROWED AMOUNT NOTE TIME TENURE (IN YEARS) ANNUAL PMTS COUPON RATE INDEX NO. 5 6% 4.21236 FILL IN THE FOLLOWING SCHEDULE FOR THE FIRST TWO YEARS DECREASE BEG CARRYING VALUE IN ENDING CARRYING VALUE YEAR NOTE PMT INT PMT PRINCIPLE 2 PROVIDE JOURNAL ENTRIES FOR THE FIRST YEAR

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