On Decmber $31,2025,$ Nash Inc rendered services to Beghun corporation nagreed price of

On December $31,2025,$ Nash Inc. rendered services to Beghun Corporation at an agreed price of $$120,418,$ accepting $$47,200$ down and agreeing to accept the balance in four equal installments of $$23,600$ receivable each December $31.$ An assumed interest rate of $11\%$ is imputed.

$($a$1)$

$($a$2)$

Your answer is partially correct.

Prepare the entry that would be recorded by Nash Inc. for the sale on December $31,2025.($Round answers to $0$ decimal places, e$.$g$.5,275.$ If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

Account Titles and Explanation