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15%. The note will be paid in equal annual installments of $21,39, beginning January 1, 2019. On January 1, 2018, Brazos Company purchased equipment and
15%. The note will be paid in equal annual installments of $21,39, beginning January 1, 2019. On January 1, 2018, Brazos Company purchased equipment and signed a six-year mortgage note for $80,000 On January 1, 2019, the journal entry to record the first installment payment will include a (Round your answer to the nearest whole number.) O A. credit to Cash for $9,139 O B. debit O C. debit to Mortgage Payable for $21,139 O D. credit to Mortgage Payable for $80,000 Interest Expense for $12,000
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