Question: Please solve A & B 6. (10 points) Honnan company purchased two new delivery van for a total of $250,000 on January 1, 2020. The

Please solve A & B
Please solve A & B 6. (10 points) Honnan company purchased two

6. (10 points) Honnan company purchased two new delivery van for a total of $250,000 on January 1, 2020. The company paid $40.000 cash and signed $210,000, 3.year, 8% note for the remaining balance. The note is to be paid in three equal onald-of-year payments with the fint payment on December 31, 20201 Each payment includes interest on the paid balance plus principal a) Prepare a note mortation table using the format below Debit Debit Credit Parid Ending Date Beginning Balance Ending Bolence Notes Payable Cash Interest Expose 12/31/2010 12/31/01 12/31/2002 b) Prepare the journal entries to record the purchase of the sand on January 1, 2020 so the second mal installment payment on December 31, 2021

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