CHAPTER 9 PLEASE HELP ACCOUNTING QUESTIONS

NUMBER 1

On January:I 1. 2018, Corvallis Camivala borrows $24,000 to purchase a delivery tmdt by agreeing to a 5%, five-year loan with the bank Payments M95291 are due atthe end at each month. with the rst installment due on January 31. 2018. Record the issuance ofthe note payable and the rst monthly payment. (If no entry Ia required for a transactionievent, select "No journal entry required" In the rst account field. Do not round your Intermediate calculations. Round yournal answers to 2 decimal places.) View transaction \"SI Journal entry worksheet