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A tocal company hav just approsched a venture rapitalist tor financing to develepaskitill. Or. April 1, 2024, the verture capita5at lent the company 51.14 mition as an interest rate of 4 K. The loan is repayable over four years in fored peincipal puyments. The first zeymerit is doe March 31.2025 the skikill ogeratian s war end will be December 31 Record the issue of the note payable on Astit 1. 2024. Rist debit entry bofore dedit entry Credit account titles are outometically incented when the amount is esteref Do not indent manucliy If no entry is requlred, select "No Entry" for the account fides and enter Qfor the emountel Quetsion Part score Caltulate the amount of the fiwd prinoiest poyment. CMoulde the aruasint of the fised nhincinalpohrment Faedprincipaliayment is Question Part Secee Prease an instalnent puyment schedule. Prepare an instaineot paverent whedule. Record the accraal of interest on December 31.2024, and the instalment payment oa March 31.2025. (tist all debit entries before credit entries. Credit occount titles are outomatically indented when the anount is entered Do not indent manually If no entry is requint select 'No Entry" for the atcount tities and enter 0 for the amounts. fecord journal entries in the order presented in the problem.) balance shect