Question: 220 points An installment note payable dated January 1, 2019 for a principal amount of $94,000 at nquires Lawson Company to repay the principal and
220 points An installment note payable dated January 1, 2019 for a principal amount of $94,000 at nquires Lawson Company to repay the principal and interest in five equal annual payments beginning 6% interest December 31 A. Complete the Amortization Schedule For the Year Beginning inning Interest Notes Payable Ending Balance Endin December 31, 2019 December 31, 2020 Balance Expense Notes Cash December December 31, 2022 December b. Prepare the journal entries for January 1,2019 and December 31, 2019 Date Debit Credit
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