Business, 26.11.2019 07:31, dondre54

Roxy inc. issues a $1,500,000, 10%, 10-year mortgage note on december 31, 2018, to obtain financing for a new building. the terms provide for annual installment payments of $244,118. prepare the entry to record the mortgage loan on december 31, 2018, and the first installment payment on december 31, 2019.

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Roxy inc. issues a $1,500,000, 10%, 10-year mortgage note on december 31, 2018, to obtain financing...