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Some of the labels and number are wrong but i don't know which ones. Thank you! Cucina Corp. signed a new installment note on January

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Some of the labels and number are wrong but i don't know which ones. Thank you!

Cucina Corp. signed a new installment note on January 1, 2018, and deposited the proceeds of $61,000 in its bank account. The note has a 3-year term, compounds 4 percent interest annually, and requires an annual installment payment on December 31. Cucina Corp. has a December 31 year-end and adjusts its accounts only at year-end. Required: 1. Use an online application, such as the loan calculator with annual payments at mycalculators.com, to generate an amortization schedule. Enter that information into an amortization schedule with the following headings: Year, Beginning Notes Payable, Interest Expense, Repaid Principal on Notes Payable, and Ending Notes Payable. 2. Prepare the journal entries on (a) January 1, 2018, and December 31 of (b) 2018, (c) 2019, and (d) 2020. 3. If Cucina Corp.'s year-end were March 31, rather than December 31, prepare the adjusting journal entry would it make for this note on March 31, 2018? Required 1 Required 2 Required 3 If Cucina Corp.'s year-end were March 31, rather than December 31, prepare the adjusting journal entry would it make for March 31, 2018? (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field View transaction list View journal entry worksheet Debit Credit No 1 Date General Journal March 31, 2018 Notes Receivable (long-term) Notes Payable (long-term) 610 610 Required 1 Required 2 Required 3 Prepare the journal entries on (a) January 1, 2018, and December 31 of (b) 2018, (c) 2019, and (d) 2020. (Do not round int calculations. Round final answers to nearest whole dollar. If no entry is required for a transaction/event, select "No Journal E Required" in the first account field.) View transaction list View journal entry worksheet Credit No 1 Date Jan 01, 2018 General Journal Cash Notes Payable (long-term) Debit 61,000 61,000 2 Dec 31, 2018 2,440 Accounts Receivable Notes Payable (long-term) 2,440 3 Dec 31, 2019 1,658 Service Revenue Notes Payable (long-term) 1,658 4 Dec 31, 2020 Notes Payable (long-term) 845 Cash

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