On January $1,2024,$ Middling Company borrows $$39,000$ by agreeing to a $8\%,4-$year note with the bank. Payments of $$952\mathrm{.}10$ are due at the end of each month with the first installment due on January $31,2024.$ Required: Record the issuance of the note payable and the first two monthly payments. $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to $2$ decimal places.$)$ Journal entry worksheet Record the issuance of the note payabie on January $1,2024.$ Note: tenter debits befom areds. Required: Record the issuance of the note payable and the first two monthly payments. $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to $2$ decimal places.$)1.$ Record the issuance of the note payable on January $1,2024.2$ Record the first payment on January $31,2024.3$ Record the second payment on February $28,2024.$ Note: O$=$ journal entry has been entered