Requirements

Journalize the issuance of the note on January $1,2024.$

Journalize the first note payment on December $31,2024.$

Requirement $1.$ Journalize the issuance of the note on January $1,2024.($Record debits first, then credits. Select explanations on the last line of the journal entry.$)$

$\backslash$table$[[$Date$,$Accounts and Explanations,Debit,Credit$],[2024],[$Jan $1],[,,,],[,,,],[,,,],[,,,]]$