please explain

On January 1, 2019, Boater Company issues a $20,000 non-imterest-bearing, 5 -year note for equpment Noither the fair value of the note nor the equipment is determinable. Boaver's inctemental borrowing rate is 9%. The asset has a usetul Me of 7 yoars Required: Prepare the journal endy for lloaso to record the issuance of the note on lanuwy 1 General Journal e equipment is Prepare the journal entry for Boater to record the issuance of the note on January 1 . 9 Long-Term Notes Payable Present Value Tables Table 2 - Future Value of an Ordinary Annuity of 1:Fa,1=1(t+1F1 -ong-Term Notes Payable Present Value Tables