Question: Brief Exercise 9-1 (Algo) Record installment notes (LO9-2) On January 1, 2024, Patty's Pasties borrows $15,000 to purchase a delivery truck by agreeing to a
Brief Exercise 9-1 (Algo) Record installment notes (LO9-2) On January 1, 2024, Patty's Pasties borrows $15,000 to purchase a delivery truck by agreeing to a 6%, fouryear loan with the bank. Payments of $352.28 are due at the end of each month, with the first installment due on January 31,2024 Record the issuance of the installment note payable and the first monthly payment. (If no entry is required for o particulor transaction/event, select "No Journal Entry Required" in the first occount field. Do not round your intermediote calculations, Round your final antwers to 2 decimal places.) Journal entry worksheet Hecocd the issuance of the installment note payable. Wutei enter deboto liefies cresiots. Brief Exercise 9-1 (Algo) Record installment notes (LO9-2) On January 1, 2024, Patty's Pasties borrows $15,000 to purchase a delivery truck by agreeing to a 6%, fouryear loan with the bank. Payments of $352.28 are due at the end of each month, with the first installment due on January 31,2024 Record the issuance of the installment note payable and the first monthly payment. (If no entry is required for o particulor transaction/event, select "No Journal Entry Required" in the first occount field. Do not round your intermediote calculations, Round your final antwers to 2 decimal places.) Journal entry worksheet Hecocd the issuance of the installment note payable. Wutei enter deboto liefies cresiots
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