Question: help on part 1 and 3 Return to question 13 Exercise 10-14 (Static) Monthly installment note amortization table LO C1 05 points On January 1,

help on part 1 and 3
help on part 1 and 3 Return to question 13 Exercise 10-14
(Static) Monthly installment note amortization table LO C1 05 points On January

Return to question 13 Exercise 10-14 (Static) Monthly installment note amortization table LO C1 05 points On January 1, $30.000 cash is borrowed from a bank in return for a 12% Installment note with 36 monthly payments of $996 each. (1) Prepare an amortization table for the first three months of this installment note (2) Record the entry for issuance of the note. (3) Record the entry for the first interest payment and for the second interest payment. Answer is not complete. Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Prepare an amortitation table for the first three months of this installment note. (Round your answers to the nearest whole dollar (A) Beginning Balance $ 30.000 Payments (0) Debt (C) Debit Interest Notes Expense Payable Dj Credit Cash Period Ending Date January 31 February 28 March 31 (E) Ending Balance Required 2 > Return to questio 13 0.5 points Exercise 10-14 (Static) Monthly installment note amortization table LO C1 On January 1, $30,000 cash is borrowed from a bank In return for a 12% Installment note with 36 monthly payments of $996 each, (1) Prepare an amortization table for the first three months of this installment note. (2) Record the entry for issuance of the note. (3) Record the entry for the first interest payment and for the second interest payment Answer is not complete. Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Record the entry for the first interest payment and for the second interest payment. (Round your answers to the nearest whole dollar) Date No 1 General Journal Debit Credit January 31 Notes payable interest expense Cash 2 February 28 Notes payable Interest expense Cash

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