On January Tropical Cruise Lines borrows $ by agreeing to a sixyear note with the bank. Loan payments of $ are due at the end of each month with the first installment due on January
Required:
Record the issuance of the installment note payable and the first two monthly payments. Do not round intermediate calculations. Round your final answers to decimal places. If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field.
tableNoDate,,General Journal,Debit,CreditJanuary Cash,,Notes Payable,Sing,,
