Return to question Required information Knowledge Check 01 On January 1, 2019, Brooks Inc. borrows $90,000 from a bank and signs a 5% installment note requiring four annual payments of $25,381 at the end of each year. Complete the necessary journal entry on 12/31 by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns Answer is not complete. General Journal No Credit Date 12/31 Debit 4,500 1 Interest expense Notes payable Cash 20,881 25,381