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5 -5 please this question On November 30, 2023, Calla Resources Ltd. borrowed $100.000 from a bank by signing a four year instaliment note bearing

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On November 30, 2023, Calla Resources Ltd. borrowed $100.000 from a bank by signing a four year instaliment note bearing interest at 12\%. The terms of the note require equal payments each year on November 30, starting November 30, 2024. Use IABUF14A2 2 (Use appropriate factor(s) from the tobles provided.) Required: 1. Calculate the size of each installment payment. (Do not round intermediote colculations, Round the final answer to the neorest whole dollar.) 2. Complete an instaliment note amortization schedule for this note. (Do not round intermediate calculotions. Round the final answers to the neorest whole dollor. Enter all the omounts as positive values.) 2. Complete an installment note amortization schedule for this note. (Do not round intermediote calculotions. Round the final onswers to the neorest whole dollor. Enter all the amounts os positive values.) 3. Present the journal entries that Calla would make to record accrued interest as of December 31,2023 (the end of the annual reporting period). and the first payment on the note. (Do not round intermediate caleulations. Round the final onswers to the nearest whole dollar.) Journal entry worksheet 2 Record the accrued interest on the installiment note payable. Note ther debits before credits. 4. Now assume that the note does not require equal paynients but does require four payments that include accrued interest and an equal amount of principal in each payment. Complete an installment note amortization schedule for this note. Present the joumal entries that Calla would make to record accrued interest as of December 31,2023 (the end of the annual reporting period), and the first payment on the note. (Do not round intermediate calculations. Round the final answers to the nearest whole dollor. Enter oll the omounts os positive values.) Journal entry worksheet Record the accrued interest on the installment note payable. Note: Fiter debits before credits. On November 30,2023 , Calla Resources Ltd, borrowed $100,000 from a bank by signing a four-year installment note bearing interest at 12\%. The terms of the note require equal payments each year on November 30, starting November 30, 2024, Use IABLE 14A. 2 (Use appropriate foctor(s) from the tobles provided.) Required: 1. Calculate the size of each installment payment. (Do not round intermediate colculotions. Round the finol onswer to the neorest whole dollor.) 2. Complete an installment note amortization schedule for this note. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar. Enter all the amounts as positive values.) 3. Present the journal entries that Calla would make to record accrued interest as of December 31,2023 (the end of the annual reporting period), and the first payment on the note. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Journal entry worksheet Record the accrued interest on the installment note payable. Note: Enter debits before credits. 4. Now assume that the note does not require equal payments but does require four payments that include accrued interest and an equal amount of principal in each payment. Complete an installment note amortization schedule for this note. Present the joutnal entries that Calla would make fo record accrued interest as of December 31, 2023 (the end of the annual reporting period), and the first payment on the note. (Do not round intermediote calculotions. Round the final onswers to the nearest whole dollar. Enter all the omounts as positive volues.) Journal entry worksheet Record the accrued interest on the installment note payable. Note: Enter debits before credits

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