Which journal entry below would be properly used to record an issuance of an installment note (borrowing money) from first bank on january 1 of this year. the principal of the note is $50,000, interest

Which journal entry below would be properly used to record an issuance of an installment note (borrowing money) from first bank on january 1 of this year. the principal of the note is $50,000, interest rate is 7%, terms of the note 5 years, annual payment $12,195?

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Which journal entry below would be properly used to record an issuance of an installment note (borrowing money) from first bank on january 1 of this year. the principal of the n…

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