On January 1,2024 , Royal Paradise borrows $32,000 by agreelng to a 6%, five-year note with the bank. Loan payments of $618.65 are due at the end of each month with the first Installment due on January 31,2024. Requlred: Record the Issuance of the Installment note payable and the first two monthly payments. (Do not round Intermedlate calculations. Round your flnal answers to 2 decimal places. If no entry is requlred for a particular transaction/event, select "No Journal Entry Requlred" In the flrst account fleld.) Journal entry worksheet 3 Record the issuance of a note payable. Note: Enter debits before credits