On January 1, 2016. Lucky - Fen signed a $900,000, 12-year, 8% nobe. The loan...
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On January 1, 2016. Lucky - Fen signed a $900,000, 12-year, 8% nobe. The loan required Lucky - Forn to make annual payments on December 31 of $75,000 principal plus interest Requirements 1. Joumalize the image of the note on January 1, 2016. Requirement 1. Joumalize the sunce of the note on January 1, 2016 Data Accounts and Explanations Debit Credit 90 Requirements 1. Joumalize the issuance of the note on January 1, 2016. 2. Joumalize the first note payment on December 31, 2016 Record debits first, then crudies Select explanations on the last line of the joumal entry) Requirement 2. Joumalize the first note payment on December 31, 2016, Date Accounts and Explanations Credit 2016 Debit Choose from any ist or enter any number in the input fields and then continue to the next


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