Question: I need help with this question. Please show all the calculations in Excel. Thank you Problem 10-5A Installment notes [ C1 On January 1, 2021,
I need help with this question.
Please show all the calculations in Excel.
Thank you

Problem 10-5A Installment notes [ C1 On January 1, 2021, Norwood borrows $200,000 cash from a bank by signing a five-year installment note bearing 8% interest. The note requires equal payments of $50,091 each year on December 31 . Required 1. Complete an amortization table for this installment note similar to the one in Exhibit 10.12. 2. Prepare journal entries to record the note's issuance and each of the first two payments
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