Check m Brief Exercise 9-1 Record installment notes (LO9-2) On January 1, 2021, Corvallis Carnivals borrows $30,000 to purchase a delivery truck by agreeing to a 5%, five-year loan with the bank Payments of $566.14 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.) View transaction list Journal entry worksheet 2 Record the issuance of the note payable. Note: Enter debits before credits Debit Credit General Journal Date January 01, 2021 30,000.00 Notes Payable 30.000.00 12.00 12.00 View general journal Clear entry Record entry Brief Exercise 9-1 Record installment notes (LO9-2) On January 1, 2021, Corvallis Carnivals borrows $30,000 to purchase a delivery truck by agreeing to a 5 %, five-year loan with the bank. Payments of $56614 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.) View transaction list Journal entry worksheet Record the first monthly payment. nces Note: Enter debits before credits. Debit Credit General Journal Date January 31, 2021 View general journal Clear entry Record entry