On January 1 2018, Clark Corporation signed a S60 000 four year, 12% note. The loan required Clark to make payments annually on December 31 of Sis 000 principal plus interest. 1. Journalize the issuance of the note on January 1, 2018 2. Journalize the first payment on December 31, 2018 (Record debits first, then credits. Select explanations on the last line of the journal entry) Jounalize the issuance of the note on January 1, 2018 Date Accounts and Explanation Debit Credit Jan. 1 Jounalize the first payment on December 31, 2018. Choose from any list or enter any number in the input fields and then continue to the next question Save for Later