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On January 1, $47000 cash is borrowed from a bank in return for a 8% installment note with 36 monthly payments of $1.473 each. (1)

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On January 1, $47000 cash is borrowed from a bank in return for a 8% installment note with 36 monthly payments of $1.473 each. (1) Prepare an amortization table for the first three months of this installment note (2) Record the entry for issuance of the note. (3) Record the entry for the first interest payment and for the second interest payment Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare an amortization table for the first three months of this installment note: (Round your answers to the nearest whole dollar) (A) Beginning Balance Payments (B) Debit interest C) Debit Notes Expense Payable 10) Credit Cash (E) Ending Balance Period Ending Date January 31 February 28 March 31 Required 2 > (1) Prepare an amortization table for the first three months of this installment note. (2) Record the entry for issuance of the note (3) Record the entry for the first interest payment and for the second interest payment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Record the entry for Issuance of the note. View transaction list Journal entry worksheet > Record the entry for issuance of the note, Note: Enter debits before credits. General Journal Debit Credit Date January 01 VILE (1) Prepare an amortization table for the first three months of this installment note. (2) Record the entry for issuance of the note. (3) Record the entry for the first interest payment and for the second interest payment Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Record the entry for the first interest payment and for the second interest payment. (Round your a View transaction list Journal entry worksheet

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