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Journal entry worksheet begin{tabular}{|l|l|} hline 1 & 2 hline end{tabular} Record the issuance of 6%,3 year note, Note: Enter debits before credits. 2. Show
Journal entry worksheet \begin{tabular}{|l|l|} \hline 1 & 2 \\ \hline \end{tabular} Record the issuance of 6%,3 year note, Note: Enter debits before credits. 2. Show how the note will appear on the December 31,2023 balance sheet. On January 2, 2023, the Casual Elite Co. acquired land to build a distribution centre by issuing a 6%, three-year note for $209,000. The note will be paid in three annual payments of $78.189 each December 31 . The payment schedule follows: Required: 1. Prepare the entry to: o. Issue the note on January 2, 2023. b. Record the annual payment on December 31,2023. Journal entry worksheet
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