Please Answer the question ASAP!!! I will leave you thumbs up if you respond immediately and answer each part correctly!!!

Answer the multiple choice:

On January 1, 2018, King Corporation signed a $100,000, two-year, 10% note. The loan required king to make payments annually on December 31 of $50,000 principal plus interest. 1. Journalize the issuance of the note on January 1, 2018 2. Joumalize the first payment on December 31, 2018 (Record debits first, then credits. Select explanations on the last line of the journal entry.) Journalize the issuance of the note on January 1, 2018 Date Accounts and Explanation Debit Credit Jan. 1 Journalize the first payment on December 31, 2018 Date Accounts and Explanation Debit Credit Dec 31 Choose from any list or enter any number in the input fields and then continue to the next question. On January 1, 2018, King Corporation signed a $100,000, two-year, 10% note. The loan required King to make payments annually on December 31 of $50,000 principal plus interest 1. Journalize the issuance of the note on January 1, 2018. 2. Journalize the first payment on December 31, 2018. (Record debits first, then credits. Select explanations on the last line of the journal entry) Journalize the issuance of the note on January 1, 2018. Date Accounts and Explanation Jan 1 Debit Credit Journalize Date Debit Credit Doc. 31 Paid cash interest. Paid cash to retire note. Paid principal and interest payment Received cash in exchange for a note Received cash interest Choose from any list or enter any number in the input fields and then continue to the next question On January 1, 2018, King Corporation signed a $100,000, two-year, 10% note. The loan required King to make payments annually on December 31 of $50,000 principal plus interest. 1. Journalize the issuance of the note on January 1, 2018. 2. Joumalize the first payment on December 31, 2018. (Record debits first, then credits. Select explanations on the last line of the journal entry) Journalize the issuance of the note on January 1, 2018 Date Accounts and Explanation Debit Credit Jan. 1 Joumalize the first payment on December 31, 2018 Date Accounts and Explanation Debit Credit Dec. 31 Paid cash interest Pald cash to retire note. Choose fro Pald principal and interest payment Received cash in exchange for a note Received cash interent nd then continue to the next