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I need help! 14-11 6 On January 1, 2017, Eagle borrows $18,000 cash by signing a four-year, 9% installment note. The note requires four equal

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14-11 6 On January 1, 2017, Eagle borrows $18,000 cash by signing a four-year, 9% installment note. The note requires four equal payments of $5,556, consisting of accrued interest and principal on December 31 of each year from 2017 through 2020. able B1 B.3 and lable B.4) the nearest dollar amount. Round all table values to 4 decimal places, and use the rounded table values in colculations.) (Use appropriate factor(s) from the tables provi ded. Round your intermediate calculations and final answers to 10 points Prepare the journal entries for Eagle to record the loan on January 1,2017, and the four payments from December 31, 2017, through December 31, 2020 Journal entry worksheet Eagle borrows $18,000 cash by signing a four-year, 9% installment note, Record the issuance of the note on January 1, 2017 Jan 01, 2017 Prey 1 of 1 Next Journal entry worksheet Record the payment of the first installment payment of interest and principal on December 31, 2017 Debit Dec 31, 2017 2 Journal entry worksheet 2 Record the payment of the second installment payment of interest and principal on December 31, 2018. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2018 Prey 10f 1: Next Journal entry worksheet on December 31, 2019 Dec 31, 2019 Journal entry worksheet K1234 on December 31, 2020

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