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Question Help On January 1, 2018, Lambert - Fisher signed a $240,000, 8-year, 10% note. The loan required Lambert -Fisher to make annual payments on

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Question Help On January 1, 2018, Lambert - Fisher signed a $240,000, 8-year, 10% note. The loan required Lambert -Fisher to make annual payments on December 31 of $30,000 principal plus interest. ES N Requirements 1. Journalize the issuance of the note on January 1, 2018. 2. Journalize the first note payment on December 31, 2018. ZUTO Jan. 1 Requirement 2. Journalize the first note payment on December 31, 2018. (Record debits first, then credits. Select explanations on the last line of the journal entry) Accounts and Explanations Debit Credit Date 2018 Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next question. Google Chrome

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