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a. Prepare an amortization table for this installment note, similar to the one presented in Exhibit 4. b. Journalize the entries for the issuance of
a. Prepare an amortization table for this installment note, similar to the one presented in Exhibit 4. b. Journalize the entries for the issuance of the note and the four annual note payments. b. Journalize the entries for the issuance of the note and the four annual note payments. c. How will the annual note payment be reported in the Year 1 income statement? of $ would be reported on the income statement
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