On January 1, 2024, Middling Company borrows $32,000 by agreeing to a 5%, 4-year note with the bank "Payments of $736.94 are due at the end of each month with the first installment due on January 31, 2024. Required: Record the issuance of the note payable and the first two monthly payments. (If 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.) View transaction list Journal entry worksheet 1 2 3 Record the issuance of the note payable on January 1, 2024. Note: Enter debits before credits. Date January 01, 2024 General Journal Debit Credit Record entry Clear entry View general journal