through $2024.$

Prepare the journal entries for Eagle to record the note's issuance and each of the four payments. Note: Round your intermediate calculations and final answers to the nearest dollar amount.

Journal entry worksheet

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Eagle borrows $$100,000$ cash by signing a four$-$year, $7\%$ installment note. Record the issuance of the note on January $1,2021.$

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$January $01,2021,,,],[,,,],[,,,],[,,,]]$

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