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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.) On January 1, 2021, Eagle

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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.) On January 1, 2021, Eagle Company borrows $31,000 cash by signing a four-year, 8% installment four equal payments of $9,360, consisting of accrued interest and principal on December 31 of ea through 2024. Exercise 10-12 (Algo) Installment note amortization table LO C1 Prepare an amortization table for this installment note. (Round all amounts to the nearest whole dollar.) Payments Period Ending (A) Beginning (B) Debit interest (C) Debit Notes Date Balance Expense Payable 2021 (D) Credit Cash (E) Ending Balance 2022 2023 2024 Total $ 0 $ 0

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