company recordvadiuting fournalentries annually at year end on December 31 (a) Your anywer iscorrect Prepare an inutainent payment schedule tor the term of the note (Ahound onsers to the nearest whole dollar, er 5,255) Record (1) the receipt of the $14,000 cash and the issue of the note on July 1,2020, (2) the accrual of intereit on December 31,2020;(3) the first 92yment on Jume 30,2021; and (4) the accrual of interest on December 31,2021. (Round arswers to the nearest whole dollar, es 5,275, Credit account tities are automabically indented when the amount is entered. Do not indent manually List all debit entries before credit entries) 2021