On January 1, $48,000 cash is borrowed from a bank in return for a 10% installment note with 36 monthly payments of $1,549 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 21 Required 3 Prepare an amortization table for the first three months of this installment note. (Round your answers to the nearest whole dollar.) Period Ending Date January 31 February 28 March 31 Payments (A) Beginning Balance (B) Debit Interest Expense (C) Debit Notes Payable (D) Credit Cash (E) Ending Balance Required 1 Required 2 > On January 1, $48,000 cash is borrowed from a bank in return for a 10% installment note with 36 monthly payments of $1,549 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 Record the entry for issuance of the note. View transaction list Journal entry worksheet Record the entry for issuance of the note. Note: Enter debit before credits. Date January 01 General Journal Debit Credit Record entry Clear entry 4 View general journal On January 1, $48,000 cash is borrowed from a bank in return for a 10% installment note with 36 monthly payments of $1,549 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 Record the entry for the first interest payment and for the second interest payment. (Round your answers to the nearest whole dollar.) View transaction list Journal entry worksheet < 1 J Record the first installment payment. Note: Enter delits before credits Date January 31 General Journal Debit Credit Record entry Clear entry View general journal