Question: 3. Prepare the journal entry for A&G's third interest payment on December 31, 2023. 4.If A&G's note had been an installment note to be paid

3. Prepare the journal entry for A&G's third interest payment on December 31, 2023. 4.If A&G's note had been an installment note to be paid in four equal payments at the end of each year beginning December 31, 2021, what would be the amount of each installment? 5. By considering the installment payment of requirement 4, prepare an amortization schedule for the four-year term of the installment note. 6. Prepare the journal entry for A&G's third installment payment on December 31, 2023. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Prepare the journal entry for A&G's third installment payment on December 31, 2023. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round intermediate calculations and final answers to the nearest whole dollar.) View transaction list Journal entry worksheet 1 Record A&G's third installment payment. Note: Enter debits before credits. Date December 31, 2023 General Journal Debit Credit

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