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Wilchorse Lake Corp, issues a $582,000, 4-year, 4% note paryable on March 31, 2024. The terms provide for fixed principal payments: aninually of $145,500. (a)

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Wilchorse Lake Corp, issues a \$582,000, 4-year, 4\% note paryable on March 31, 2024. The terms provide for fixed principal payments: aninually of $145,500. (a) Prepare the journal entries to record the note on March 31, 2024, and the first payment on March 31, 2025, Uist all debit entries before credit entries. Credit occount tilles are automaticolly indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry' for the occount tidles and enter of for the amounts. Record journal entries in the order presented in the probilem, -110 i before credit entries. Credit account tilles are automatically indented when the amount is entered. Do not indent manualdy. I/ no entry is required, seiect 'No Entry' for the occount tiles and enter O for the amounts. Recond journal entries in the onder presented in the probiem) Account Titles Debit Cred

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