@ Amortization Table, Accountable events, & Current portion of long-term debt. Maira Zeb. 15:44 Due Tomorrow, 23:59 10 points On Sept7.2011, Walla signed a 4-year, $100,000 note payable to Vicksburg National Bank in conjunction with the purchase of equipment. The note calls for interest at an annual rate of 12 percent (1 percent per month). The note is fully amortizing over a period of 48 months. A per month fixed installment of $2,633 is to be paid starting from Oct.7.2011 Instructions . . Complete this amortization table for monthly installments. Prepare journal entries to record the first two monthly payments on this note. Provide adjustment entry at the end of year 2011 Provide journal entry to record Jan 7, 2012 payment. Will any amounts relating to this 4-year note be classified as current liabilities in Walla's December 31, 2011, balance sheet? Explain. Report how currem portion of long-term debt and installment Note payable in . Walla's December 31, 2012, balance sheet calculate dollar values. ORI 37C line