Question: please solve it according to this table below this is an example in the following picture BACC Assignment 2 Notes receivable( LO5) On December 31,

 please solve it according to this table below this is an

example in the following picture BACC Assignment 2 Notes receivable( LO5) On

please solve it according to this table below this is an example in the following picture

BACC Assignment 2 Notes receivable( LO5) On December 31, 2018, white Company sold goods and accepted in exchange a promissory note with a face alue of S plug your id number) a due date of December 31, 2021, and a stated rate of 6%, with interest receivable at the end of each year. The note is considered to have an appropriate market rate of interest of 8% (effective interest rate) Instructions the present value of the note is calculated as follows: Present value of interest- Your ld times 6% PVIFA(n-3 i-8%) + Present value of maturity value- $Your ld x PVIF(n 3; i-896) +- Instructions Using a excel sheet, prepare a Schedule of Note Discount Amortization for Green Company under the effective interest method. (you will be graded on content, formulas and format)

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