Question: Brief Exercise 9-1 Record installment notes (L09-2) 1 233 points On January 1 2021. Corvalis Carnivals borrows $10,000 to purchase a delivery truck by agreeing

 Brief Exercise 9-1 Record installment notes (L09-2) 1 233 points On
January 1 2021. Corvalis Carnivals borrows $10,000 to purchase a delivery truck

Brief Exercise 9-1 Record installment notes (L09-2) 1 233 points On January 1 2021. Corvalis Carnivals borrows $10,000 to purchase a delivery truck by agreeing to a 6% three-year loan with the bank. Payments of $304 22 are due at the end of each month, with the first installment due on January 31, 2021 Record the issuance of the note payable and the first monthly payment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field. Do not round your intermediate calculations. Round your final answers to 2 decimal places.) ferentes > Record the issuance of the note payable 2. Record the first monthly payment Credit Journal entry worksheet 1 2 Record the issuance of the note payable. Note: Enter debits before credits. General Journal Debit Credit Date January 01. 2021 Record entry Clear entry View general journal

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