On January 1 2018, Tropical Paradise borrows $36,000 by agreeing to a 5%, our year note the bank The una rchase a new c nvertible or use in ri be used to promoting resort properties to potential customers. Loan payments of $829.05 are due at the end of each month with the first installment due on January 31, 2018. Required Record the issuance of the installment note payable and the first two monthly payments. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) View transaction list Journal entry worksheet 2 Record the second monthly payment. Note: Enter debits before credits Date General Journal Credit Debit February 28, 2018 Notes payable nterest expense Cash 829.05 Record entry Clear entry View general journal