Radic Inc. bought a building for $4653000 on April 1, 2021, by signing a promissory note. The terms of the note were 4%, 25 years, monthly payments of $24560 required.

Note: Round final dollar amounts to the nearest dollar.

Account for Installment Note Practice 1 Radio Inc. bought a building for $4653000 on April 1, 2021, by signing a promissory note. The terms of the note were 4%, 25 years, monthly payments of $24560 required. Note: Round final dollar amounts to the nearest dollar. 1 Record the journal entry for signing of the note. Start each entry on a starred row. General Journal Date urdi ..... Debit drtil selbe Credit * 2. Record the journal entries for the first two payments on the note. Start each entry on a starred row. General Journal Date Debit Credit uredillebrer * 3. Record the journal entry for the third payment on the note. Start each entry on a starred row. General Journal Date rodillorer Debit Credit debitasselber *