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I need correct answer for this part Cambria Limited took a $500,000 two-year note receivable from a customer in connection with a major inventory sale

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I need correct answer for this part
Cambria Limited took a $500,000 two-year note receivable from a customer in connection with a major inventory sale transaction on 1 January 20x6. The note required annual end-of-year interest payments of 4%, and the principal was due at the end of 20x6. (PV of $1. PVA of $1. and PVAD of $1.) (Use appropriate factor(s) from the tables provided.) Required: 1. Prepare journal entries to record the initial sale transaction and each payment on the books of Cambria, assuming that the market time value factor to 5 decimal places and final answers to the nearest whole dollar amount.) interest rate is 4%. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round 3. Prepare journal entries to record the initial sale transaction and each payment on the books of Cambria, consistent with requirement 2. Use the gross method to record the note. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Round time value factor to 5 decimal places and final answers to the nearest whole dollar amount.) Answer is not complete. No Date General Journal Debit Credit 1 1 January 20X5 Notes receivable 500,000 Sales revenue 500,000

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