On July 1, 2020, Coronado Ltd. borrowed $16,500 by signing a two-year, 4% note payable. The note is payable in two annual instalments of $8,748 on June 30 . The company records adjusting journal entries annually at year end on December 31 . (a) Your answer is correct. Prepare an instalment payment schedule for the term of the note. (Round answers to the nearesl whole dollar, eg. 5,255. ) Prepare an instalment payment schedule for the term of the note. (Round answers to the nearest whole dollar, eg. 5,255. ) Record (1) the receipt of the $16,500 cash and the issue of the note on july entries before credit entiles.) 2021 eTextbook and Media List of Accounts