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On January Eagle Company borrows $ cash by signing a fouryear, installment note. The note requires four equal payments of $ consisting of accrued interest and principal on December of each year from through
re the journal entries for Eagle to record the note's issuance and each of the four payments.
Round your intermediate calculations and final answers to the nearest dollar amount.
Journal entry worksheet
Eagle borrows $ cash by signing a fouryear, installment note. Record the issuance of the note on January
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,Credit,January
