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Brief Exercise 9.1 (Static) Record installment notes (LO9-2) On January 1. 202.4. Corvalis Camivals borrows $30.000 to purchase a delivery truck by agreeing to a
Brief Exercise 9.1 (Static) Record installment notes (LO9-2) On January 1. 202.4. Corvalis Camivals borrows $30.000 to purchase a delivery truck by agreeing to a 5%, five -year loan with the bank. Payments of $566,14 are due at the end of each month, with the first installment due on January 31,2024 Record the issuance of the installment note payable and the first monthly payment. (If no entry is required for a particular transoction/event, select "No Journal Entry Required" in the first account field. Do not round your intermediate calculations. Round your final answers to 2 decimal ploces.) Journal entry worksheet Record the issuance of the installment note payable. Notes Enter debess before credies: Brief Exercise 9.8 (Algo) Record bond issue at face amount and related semiannual interest (LO9-4) Pretzelmania, Incorporated, issues 5%,10 year bonds with a face amount of $62.000 for $62.000 on January 1, 2024. Interest is paid semiannualiy on June 30 and December 31. Required: 1. \& 2. Record the bond issue on January 1, 2024 and first interest payment on June 30,2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 2 Record the bond issue on January 1, 2024. Woter Enter debits before credits
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