Question: Instructions a . Prepare an instalment payment schedule for the four - year loan period. Round all amounts to the nearest dollar. b . Record

Instructions
a. Prepare an instalment payment schedule for the four-year loan period. Round all
amounts to the nearest dollar.
b. Record the receipt of the bank loan on April 1,2023.
c. Record the first two instalment payments, on March 31,2024, and March 31,2025.
d. Show the statement of financial position presentation of the bank loan payable as at
March 31,2024.
Instructions a. Prepare an instalment payment schedule for the four-year loan

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