Edit View History Bookmarks Develop Window Help 71% Thu Jul : mathxl.com ACCT 2301_01_202051 isaac Trejo Horten & 07/02/20 4:53 PM Save Homework: CH 12 HW Score: 0 of 1 pt 2 of 5 (2 complete) HW Score: 19.31%, 0.97 of 5 pts S12-1 (similar to) Question Help On January 1, 2018 Locker - Farrell signed a $630,000, 9-year, 15% note. The loan required Locker - Farrell to make annual payments on December 31 of $70,000 principal plus interest Requirements 1. Journalize the issuance of the note on January 1, 2018. 2. Journalize the first note payment on December 31, 2018. Requirement 1. Journalize the issuance of the note on January 1, 2018. (Record debits first, then credits. Select explanations on the last line of the journal entry) Date Accounts and Explanations Debit Credit 2018 Jan. 1 Choose from any list or enter any number in the input fields and then click Check Answer. Check Answer part Clear All