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! Required information [The following information applies to the questions displayed below.) On January 1, 2020, Eagle Company borrows $34.000 cash by signing a four-year,
! Required information [The following information applies to the questions displayed below.) On January 1, 2020, Eagle Company borrows $34.000 cash by signing a four-year, 5% installment note. The note requires four equal payments of $9,588, consisting of accrued interest and principal on December 31 of each year from 2020 through 2023 Prepare an amortization table for this installment note. (Round all amounts to the nearest whole dollar.) Payments (D) ( (E) Period Ending Date (A) Beginning Balance (B) Debit Interest Expense (C) Debit Notes Payable Credit Cash Ending Balance 2020 2021 2022 2023 Total 0 $ 0
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