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ABC Stores LTD issued an $200,000, 6%, 6-year mortgage note on December 31, 2018 with equal annual payments. Journalize the first installment payment occurred on

ABC Stores LTD issued an $200,000, 6%, 6-year mortgage note on December 31, 2018 with equal annual payments. Journalize the first installment payment occurred on December 31, 2019.

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