2. Joumalize the first note payment on December 31, 2018 Requirement 2. Joumalize the first note payment on December 31, 2018 Record debits first, then credits. Select explanations on the last line of the journal entry) Date Accounts and Explanations Debit Credit 2018 Dec 31 Notes Payable terest Expense ary ces y Modules Paideial and interest Day son Tools Orrecto Choose anyone number in the mouth and then check Answer AL On January 1, 2018, Locker - Farrell signed a $250,000, 5 year, 9% note. The loan required Locker - Farrell to make annual payments on December 31 of $50,000 principal plus interest Requirements 1. Joumalize the issuance of the note on January 1, 2018 2. Journalize the first note payment on December 31, 2018 WE