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On January 1, 2017, Eagle borrows $33,000 cash by signing a four-year, 6% Installment note. The note requires four equal payments of $9.524, consisting of
On January 1, 2017, Eagle borrows $33,000 cash by signing a four-year, 6% Installment note. The note requires four equal payments of $9.524, consisting of accrued interest and principal on December 31 of each year from 2017 through 2020. (Table 81. Table 8.2. Table B. and Table 3.4) (Use appropriate factor(s) from the tables provided. Round your intermediate calculations and final answers to the nearest dollar amount. Round all table values to 4 decimal places, and use the rounded table values in calculations.) Prepare the journal entries for Eagle to record the loan on January 1, 2017, and the four payments from December 31, 2017 , through December 31, 2020 View transaction list Journal entry worksheet 3 5 4 > Eagle borrows $33,000 cash by signing a four-year, 6% installment note Record the issuance of the note on January 1, 2017 Debit Cred General Journal Data Jan 01, 2017 Cash Records Clearly View general On January 1, 2017, Eagle borrows $33,000 cash by signing a four-year, 6% installment note. The note requires four equal payments of $9,524, consisting of accrued Interest and principal on December 31 of each year from 2017 through 2020. (Toble B.1. Table 8.2. Table B.3, and Table 3.4 (Use appropriate factor(s) from the tables provided. Round your intermediate calculations and final answers to the nearest dollar amount. Round all table values to 4 decimal places, and use the rounded table values in calculations.) Prepelene journal entries for Eagle to record the loan on January 1, 2017, and the four payments from December 31, 2017 through December 31, 2020 ww transaction list Journal entry worksheet 2 4 5 Record the payment of the first installment payment of interest and principal on December 31, 2017 Note: Enter debit before credits General Journal Debit Credit Dato Dec 31, 2017 Record entry Clear entry View general journal On January 1, 2017. Eagle borrows $33,000 cash by signing a four-year, 6% installment note. The note requires four equal payments of $9.524, consisting of accrued interest and principal on December 31 of each year from 2017 through 2020. (Table B.1. Table 8.2. Table B3 and Table B.4) (Use appropriate factor(s) from the tables provided. Round your intermediate calculations and final answers to the nearest dollar amount Round all table values to 4 decimal places, and use the rounded table values in calculations.) Prepare the journal entries for Eagle to record the loan on January 1, 2017, and the four payments from December 31, 2017, through December 31, 2020 View transaction list Journal entry worksheet
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