Cucina Corporation signed a new installment note on January 1, 2021, and deposited the proceeds of $58,200 in its bank account. The note has a 3 year term, compounds 4 percent interest annually, and requires an annual instaliment payment on December 31 . Cucina Corporation has a December 31 year-end and adjusts its accounts only ot year-end. Required: 1. Use an online application,-such as the loan calculator with annual payments at mycalculators com, to complete the amortization schedule 2. Prepare the journal entries on (a) January 1, 2021, and December 31 of (b) 2021, (c) 2022, and (d) 2023. 3. If Cucina Corporation's year-end were March 31, rather than December 31, prepare the adjusting journal entry it would make for this note on March 31, 2021 Complete this question by entering your answers in the tabs below. Use an online application, such as the loan calculator with annual payments at mycalculators.com, to complete the amortization schedulc. (Do not round intermediate calculatins. Round final answers to nearest whole dollar.) Complete this question by entering your answers in the tabs below. Prepare the joumal entries on (a) January 1, 2021, and December 31 of (b) 2021, (c) 2022, and (d) 2023. (Do not round intermediate calculations. Round final answers to nearest whole dollar. If no entry is requared for a transaction/event, select "No Joumal Entry Required" in the first account field.) Journal entry worksheet Record the signing of the installment note on January 1 , 2021. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare the journal entries on (a) January 1, 2021, and December 31 of (b) 2021, (c) 2022, and (d) 2023. (00 not round intermediate calculations. Round final answers to nearest whole dollar. If no entry is required for a transoction/event, 5 .lect "No Joumal Entry Required" in the first account fiedd.) Journal entry worksheet Record the installment payment on December 31, 202t: luote: Lnter itebits before gredits Complete this question by entering your answers in the tabs below. Prepare the journal entries on (a) January 1, 2021, and December 31 of (b) 2021, (c) 2022, and (d) 2023. (Do not round intermediate calculations. Round final answers to nearest whole dollar. If no entry is required for a transaction/event, select "No Joumal Entry Required" in the first account field.) Journal entry worksheet 4 Record the installment payment on December 31, 2022. Wotes finter debits before credils. Prepare the journal entries on (a) January 1, 2021, and December 31 of (b) 2021, (c) 2022, and (d) 2023, (Do not round intermediate calculations. Round final answers to nearest whole dollar. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet
