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On January 1, 2021, Julee Enterprises borrows $36,000 to purchase a new Toyota Highlander by agreeing to a 7,4-year note with the bank. Payments of

On January 1, 2021, Julee Enterprises borrows $36,000 to purchase a new Toyota Highlander by agreeing to a 7,4-year note with the bank. Payments of $862.06 are due at the end of each month with the first installment due on January 21, 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 accefield. Do not round intermediate calculations. Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 2 3 Record the issuance of the note payable on Jan 01, 2021. Note: Enter debts before credits Date January 01, 2021 General Journal Deb Cred Record entry Clear entry View general jumal Check my work

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