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Brief Exercise 9-1 Record installment notes (LO9-2) being to a 6%, three-year loan with the bank. Payments of $486.75 are due at the end of each month, with the first installment due on January 31, 2018 Record the issuance of the note payable and the first monthly payment. (If no entry is required for a transaction/event, select "No journal entry required" In the first account field. Do not round your intermediato calculations. Round your final answers to 2 decimal places.) View transaction list Journal entry worksheet Record the issuance of the note payable Note: Enter debits before credits. Date General Journal Debit Credit January 01 2018 Record entry Clear entry View general Journal References eBook & Resources