Using $(1)$ factor tables, $(2)$ a financial calculator, or $(3)$ Excel function PV$,$ prepare journal entries for both Oriole and Northern

Savings Bank to record the issuance of the note on January $1,2023.$ Use the result from the financial calculator or Excel function

PV$.($Round factor values to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and final answers to $0$ decimal places, e$.$g$.5,275.$ Credit

account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required,

select $"$No Entry" for the account titles and enter $O$ for the amounts. List all debit entries before credit entries.$)$

Date Account Titles and Explanation

Debit

Credit

Oriole Limited:

Northern Savings Bank:

eTextbook and Media

List of Accounts