Thornwood Lanes bought a service vehicle for 25 000 by issuing
Thornwood Lanes bought a service vehicle for $25,000 by issuing a 6 percent installment note on December 31, 2012. Thornwood will make 12 monthly payments of $2,151.66 at the end of each month.

Required:
Prepare the journal entries for the end of March and the end of April.
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