On January 1, 2021, Corvalls Carnivals borrows $26,000 to purchase a delivery truck by agreeing to a 6%, four-year loan with the bank. Payments of $610.61 are due at the end of each month, with the first installment due on January 31, 2021. Record the issuance of the note payable and the first monthly payment (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round your intermediate calculations, Round your final answers to 2 decimal places.) View transaction list Journal entry worksheet 1 Record the issuance of the note payable. Note Enter debts before credits General Journal Debit Credit Date January 01, 2021 26,000.00 Cash Notes Payable 26,000.00 Record entry Clear entry View general Journal