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Cucina Corp signed a new installment note on January 1, 2018, and deposited the proceeds of $68,000 to its bank account. The note has a

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Cucina Corp signed a new installment note on January 1, 2018, and deposited the proceeds of $68,000 to its bank account. The note has a 3-year term, compounds 5 percent interest annually, and requires an annual installment payment on December 31 Cucina Corp has a December 31 year-end and adjusts its accounts only at year-end, Required: 1. Use an online application, such as the loan calculator with annual payments at mycalculators.com, to generate an amortization schedule. Enter that information into an amortization schedule with the following headings. Year Beginning Notes Payable, interest Expense, Repaid Principal on Notes Payable, and Ending Notes Payable 2. Prepare the journal entries on (a) January 1, 2018, and December 31 of () 2018.(C) 2019 and (d) 2020, 3. If Cucina Corp's year-end were March 31, rather than December 31, prepare the adjusting journal entry would it make for this noto on March 31, 2018? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Use an online application, such as the loan calculator with annual payments at mycalculators.com, to generate an amortization schedule. Enter that information into an amortization schedule with the following headings: Year, Beginning Notes Payable, Interest Expense, Repaid Principal on Notes Payable, and Ending Notes Payable. (Do not round intermediate Required 1 Required 2 Required 3 Use an online application, such as the loan calculator with annual payments at mycalculators.com, to amortization schedule. Enter that information into an amortization schedule with the following headings Notes Payable, Interest Expense, Repaid Principal on Notes Payable, and Ending Notes Payable. (Do not calculations. Round final answers to nearest whole dollar.) Year Beginning Notes Payable Interest Expense Repaid Principal on Notes Payable Ending Notes Payable 2018 2019 2020 Required 1 Required Journal entry worksheet Record the signing of the installment note on January 1, 2018 Note: Enter debits before credits Date General Journal Debit Credit Jan 01, 2018 Record entry Clear entry View general journal Journal entry worksheet Record the adjusting journal entry for this note on March 31, 2018. Note: Enter debits before credits General Journal Date March 31, 2018 Debit Credit Record entry Clear entry View general Journal

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