Ch 10: HW Seved Help Save & Exit Submit Check my work 18 Part 1 of 2 Required information Use the following information for the Exercises below. (Algo) (The following information applies to the questions displayed below.) 0.68 points On January 1, 2021, Eagle Company borrows $15,000 cash by signing a four-year, 7% installment note. The note requires four equal payments of $4,428, consisting of accrued interest and principal on December 31 of each year from 2021 through 2024. eBook Exercise 10-12 (Algo) Installment note amortization table LO C1 Hint Prepare an amortization table for this installment note. (Round all amounts to the nearest whole dollar.) Print Payments (B) Debit Interest (C) Debit Notes Expense Payable Period Ending (A) Beginning Date Balance 2021 (D) Credit Cash (E) Ending Balance References 2022 2023 2024 Total Check my work 19 Part 2 of 2 Required information Use the following information for the Exercises below. (Algo) (The following information applies to the questions displayed below.) 0.68 points On January 1, 2021, Eagle Company borrows $15,000 cash by signing a four-year, 7% installment note. The note requires four equal payments of $4,428, consisting of accrued interest and principal on December 31 of each year from 2021 through 2024. eBook Exercise 10-13 (Algo) Installment note entries LO C1 Hint Prepare the journal entries for Eagle to record the note's issuance and each of the four payments. (Round your intermediate calculations and final answers to the nearest dollar amount.) Print View transaction list ro References Journal entry worksheet 1 3 4 5 > Eagle borrows $15,000 cash by signing a four-year, 7% installment note. Record the issuance of the note on January 1, 2021. Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2021 Record entry Clear entry View general journal