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On January 1, 2024, Oriole Corp. borrows $10,200 by signing a 3-year, 3% note payable. The note is repayable in three annual fixed principal payments

On January 1, 2024, Oriole Corp. borrows $10,200 by signing a 3-year, 3% note payable. The note is repayable in three annual fixed principal payments on December 31 of each year. (c) Prepare journal entries to record the note and the first instalment payment. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Date eTextbook and Media List of Accounts Save for Later Question Part Score Account Titles Debit Cre Attempts: 0 of 2 used Submit Answer --/5

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