Business
Business, 01.12.2021 02:00, abadir2008

Detwiler Orchard issues a $265,126, 5%, 10-year mortgage note to obtain needed financing for a new lab. The terms call for annual payments of $34,335 each. Prepare the entries to record the mortgage loan and the first installment payment. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e. g. 5,275.)

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Detwiler Orchard issues a $265,126, 5%, 10-year mortgage note to obtain needed financing for a new l...

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