Monthly loan-Borrow $100,000 for ten years at 6% interest with monthly payments of $ 1.110.21 (Work to two decimal places here) Borrowing Date: Dr. Cash $100,000 Cr Notes Payable $100,000 Up front, we prepare an Amortization Schedule for the life of the loan. (6%, ten years) Date Beginning (Debit) (Debit) (Credit) Loan Interest Loans Payable Cash Balance Expense Ending Balance 0 1/1/2021 1/31/2021 2/28/2021 3/31/2021