o Roma Eres ta Persona4xFINAL Spring 2019 FINAL: Spring 2019 6 Help Save&Exlt Submit On January 1, 2021 Julee Enterprises borrows $36000 to purchase a new Toyota Highlander by agreeing to a 8% 4 year note with the bank. Payments of $87887 are due at the end of each month with the first installment due on J Record the issuance of the note payable and the first two monthly payments. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to 2 decimal places.) 1 January 01, 2021 Cash 5,000 Notes Payabie 6000 21 |Janary 31, 2021|Notes Payable 2 638 87 interest Expense 24000 February 28, 2021 Notes Payable 638 87 240.00 Interest Expense 100S enoVO all 6 3 9