Camden borrowed $28,000 from the bank for business use. Camden signed a 6% note payable to the bank in the name of the corporation, with the first installment due on January 1, 2023. The note is due in 5 years and is payable in monthly installments of $534.

1.Create journal entry

2.create unadjusted, adjusted, post-closing trial.

3.create balance sheet

4. post to t account