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On January 1, 2018, Lynd minus Flint signed a $ 300,000, 10-year, 6% note. The loan required Lynd minus Flint to make annual payments on

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On January 1, 2018, Lynd minus Flint signed a $ 300,000, 10-year, 6% note. The loan required Lynd minus Flint to make annual payments on December 31 of $ 30,000 principal plus interest. Requirements 1. Journalize the issuance of the note on January 1, 2018. 2. Journalize the first note payment on December 31, 2018

Culy 1 2018 I ligi 3M AM 10. wh i ld Fish in Kecements 1. 7. i n . lty 1 9018 HI 31, 2018 Rwwiwi . 1,2012 (Tamil Ful l widy Ume Accounts and Laplanadons Debit Credit

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