help i got it wrong Access an ontine loan calculator with...
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help i got it wrong
Access an ontine loan calculator with annual payments, such as the one at mycalculators cam to produce an amortization 5 chedule for Welton Corporation's installment note that has original principal of $13,000, interest of 10% compounded annually, and a term of 3 years Welton Corporation established the note on the first day of its fiscal year and will fully repay the note by the end of year 3 on its December 31 fiscal year -end. Prepare Welton Corporation's journal entrles on (b) January 1, Year 1 (b) December 31 , Year 1 : (a) December 31, Year 2; and (d) December 31, Year 3. (If no entry is required for a tronsaction/event, select "No Joumol Entry Required " in the first account field. Do not round intermediate colculotions. Round your final answers to the nearest dollar omount:)
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