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Gentle Ben's received a note receivable from a wholesale customer. The terms and applicable rates...

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Accounting

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Gentle Ben's received a note receivable from a wholesale customer. The terms and applicable rates are presented below. For the note associated with your name, prepare: a. Record the issuance b. Prepare an amortization schedule c. Record the first three interest payments \begin{tabular}{r|r|} \hline Last name begins with & \multicolumn{1}{|c|}{ A-C } \\ \hline Principal & $10,000,000 \\ \hline Term (years) & 5 \\ \hline Interest rate & 8.0% \\ Market rate & 10.0% \end{tabular}

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