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Question Help On January 1, 2018, King Corporation signed a $200,000, ten year, 8% note. The loan required King to make payments annually on December

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Question Help On January 1, 2018, King Corporation signed a $200,000, ten year, 8% note. The loan required King to make payments annually on December 31 of $20,000 principal plus interest 1. Journalize the issuance of the note on January 1, 2018 2. Journalize the first payment on December 31, 2018 (Record debits first, then credits. Select explanations on the last line of the journal entry) Journalize the issuance of the noto on January 1, 2018 Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Save for Later :* Reflectin e Portfolio Activity Details Task: View this topic MacBook Pro Q Search or type URL On January 1, 2018, King Corporation signed a $200,000, ten-year, 8% note. The loan required king to make payments annual 1. Journalize the issuance of the note on January 1, 2018 2. Joumalize the first payment on December 31, 2018 (Record debits first, then credits. Select explanations on the last line of the journal entry) Joumalize the first payment on December 31, 2018 Accounts and Explanation Dec. 31 Date Choose from any list or enter any number in the input fields and then continue to the next question Save for Later :* Reflect in Portfolio Activity Details Task: View this topic Q Search or type URL W R

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