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Part B: (3.5 points) Calculate the amount of each installment payment on the note and complete the amortization below. Round the installment payment amount to
Part B: (3.5 points) Calculate the amount of each installment payment on the note and complete the amortization below. Round the installment payment amount to the nearest whole dollar. Each Installment Payment Amount = Part C: In the general journal below, prepare the 12/31/23 adjusting entry for accrued interest and th entry to record the first installment payment on 4/1/24. Round interest calculations to the nearest whole month and dollar. (5.5 points) Part B: (3.5 points) Calculate the amount of each installment payment on the note and complete the amortization below. Round the installment payment amount to the nearest whole dollar. Each Installment Payment Amount = Part C: In the general journal below, prepare the 12/31/23 adjusting entry for accrued interest and th entry to record the first installment payment on 4/1/24. Round interest calculations to the nearest whole month and dollar. (5.5 points)
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