Question: Note Computations and Entries (Straight Line) was issued. Required: 1. Prepare the necessary journal entry at January 1,2024 . If an amount box does not

Note Computations and Entries (Straight Line) was issued. Required: 1. Prepare the necessary journal entry at January 1,2024 . If an amount box does not require an entry, leave it blank. 202 2. Prepare the necessary journal entry at June 30,2024 . If an amount box does not require an entry, leave it blank. If required, round amounts to the nearest dollar. 2024 June : 3. Prepare the necessary journal entry at December 31 , 2024. If an amount box does not require an entry, leave it blank. If required, round amounts to the nearest dollar. 2024Dec 4. Determine the carrying amount of this note at the end of the fifth year (December 31,2028 ). Note Computations and Entries (Straight Line) was issued. Required: 1. Prepare the necessary journal entry at January 1,2024 . If an amount box does not require an entry, leave it blank. 202 2. Prepare the necessary journal entry at June 30,2024 . If an amount box does not require an entry, leave it blank. If required, round amounts to the nearest dollar. 2024 June : 3. Prepare the necessary journal entry at December 31 , 2024. If an amount box does not require an entry, leave it blank. If required, round amounts to the nearest dollar. 2024Dec 4. Determine the carrying amount of this note at the end of the fifth year (December 31,2028 )
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