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On January 1, 2021, Julee Enterprises borrows $35.000 to purchase a new Toyota Highlander by agreeing to a year note with the bank. Payments of

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On January 1, 2021, Julee Enterprises borrows $35.000 to purchase a new Toyota Highlander by agreeing to a year note with the bank. Payments of $854 45 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 two monthly payments. Of no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field. Do not round Intermediate calculations. Round your answers to 2 decimal places) 8 po 8 ms View transaction for Journal entry worksheet > Record the issuance of the note payable on Jan 01, 2021. Natenter debitsbetore credits General Journal Deb Credit Date January 01, 2021 Record entry Clear entry View general Journal View transaction list Journal entry worksheet

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