loan of 450,000 monthly payment is $2,927 repayment terms are 10 years at 5% interest rate

the loan information is for question 15

Grades - ACCT-151-R10 - Prin X + Journal Entries - Google Sheets X C New Tab - Journal Entries - @ https docs.google.com Journal Entries + File Edit View Insert Format Data Tools Add-ons Help Last edit was 7 minutes ago 100 $ % . .00 123- Default... 10 BISA f F 1 2 3 4 5 6 8 B D E G H OPENING DAY partners' contribution $10,000 each, and 12 purchase months liability insurance $2,400 take out a loan to purchase vehicle and building - $450,000 purchase vehicle $50,000 purchase building $275,000 service hours - 11 service hours - 26 event card - pay $65 for highway tolls service hours - 48 event card - receive AR service hours - 9 (at overtime) Service hours at overtime? If we charge $50/hr and service hours are what we charge to customers, service hours - 11 do we want to charge $75/hr for overtime entries? event card -receive $1.000 for recognition award service hours - 9 (at overtime) service hours - 40 END OF MONTH (record monthly liabilities (loan payment salary payment?), collect half of outstanding AR] END OF YEAR (adjusted journal entry (prepaid insurance) depreciation (vehicle and building), and loan (calculate interest expense and interest payable?)] 9 10 13 15 16 17 18 40,000 1 Cash Owners Equity Prepaid Insurance Cash 40.000 2.400 21 2.400 Annnn Shant Grades - ACCT-151-R10 - Prin X + Journal Entries - Google Sheets X C New Tab - Journal Entries - @ https docs.google.com Journal Entries + File Edit View Insert Format Data Tools Add-ons Help Last edit was 7 minutes ago 100 $ % . .00 123- Default... 10 BISA f F 1 2 3 4 5 6 8 B D E G H OPENING DAY partners' contribution $10,000 each, and 12 purchase months liability insurance $2,400 take out a loan to purchase vehicle and building - $450,000 purchase vehicle $50,000 purchase building $275,000 service hours - 11 service hours - 26 event card - pay $65 for highway tolls service hours - 48 event card - receive AR service hours - 9 (at overtime) Service hours at overtime? If we charge $50/hr and service hours are what we charge to customers, service hours - 11 do we want to charge $75/hr for overtime entries? event card -receive $1.000 for recognition award service hours - 9 (at overtime) service hours - 40 END OF MONTH (record monthly liabilities (loan payment salary payment?), collect half of outstanding AR] END OF YEAR (adjusted journal entry (prepaid insurance) depreciation (vehicle and building), and loan (calculate interest expense and interest payable?)] 9 10 13 15 16 17 18 40,000 1 Cash Owners Equity Prepaid Insurance Cash 40.000 2.400 21 2.400 Annnn Shant