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can anyone pls help me solve this question. thank you VIEW FUNcies Current Attempt in Progress Larkspur Construction Inc. needed financing to buy two Case

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can anyone pls help me solve this question. thank you

VIEW FUNcies Current Attempt in Progress Larkspur Construction Inc. needed financing to buy two Case graders. Larkspur receives $390,000 on January 1, 2022, when it issues a 5-year. 5% mortgage note payable. The terms provide for semi-annual instalment payments on June 1 and January 1, with fixed principal amounts. Calculate the fixed principal amount required each six-month period. Fixed principal portion $ e Textbook and Media List of Accounts 03 Question Part Score Prepare an instalment payment schedule for the first three interest periods Question Part Score Prepare an instalment payment schedule for the first three interest periods. LARKSPUR CONSTRUCTION INC. Instalment Payment Schedule - Fixed Principal Payments Cash Payment Interest Expense Reduction of Principal $ Interest Period Principal Balance Jan. 1.2022 $ $ $ July 1.2022 Jan. 1.2023 July 1.2023 e Textbook and Media List of Accounts Question Part Score -1.5 y/courses/44948/assignments/5790244 Prepare the journal entries to record the mortgage note payable and the first three instalment payments. Prepare any necessary adjusting entries at Larkspur's December 31, 2022 year end. (Credit account tities are automatically Indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1, 2022 July 1, 2022 Dec. 31, 2022 Jan. 1, 2023 July 1, 2023 SAENG e O Provide the balance sheet disclosure for the mortgage note payable at December 31, 2022, being specific about the classifications. LARKSPUR CONSTRUCTION INC. Balance Sheet (Partial) December 31, 2022 $ e Textbook and Media List of Accounts

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