ake annual payments on December 31 of On January 1, 2018, Lambert-Fisher signed a 8360000, 12-year, 13% note. The loan requred Lambert-Fisher to 30,000 princ pal plus interest Requirements 1. Journalize the issusnce of the nate on January 1, 2018. 2. Jounalze the first note payment on December 31,2018. Requirement 1. Journalize the issuance of the note on January 1,2018. (Record debits first, then credits. Select eaplanations on the last line of the journal entry) Date 2018 Jan. 1 Accounts and Explanations Debit Credit