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On January 1 st , 2 0 2 4 , Jurassic Pork, a food truck, purchases new food by signing a notes payable which includes

On January

1

, 2024,

Jurassic Pork, a food truck, purchases new food by signing a notes payable which includes interest of

4 % .

There are payments of

10000

at the ed of eah year for

7

years, starting

12 / 31 / 24 .

Record journal entry for January

1

st and for

12 / 31 / 24

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