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Current Attempt in Progress Revesz Inc. signs a 10-year, 4%, $336,000 mortgage payable on November 30, 2017 to obtain financing for a new machinery The

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Current Attempt in Progress Revesz Inc. signs a 10-year, 4%, $336,000 mortgage payable on November 30, 2017 to obtain financing for a new machinery The terms provide for payments at the end of each month. Prepare the entries to record the mortgage on November 30, 2017 and the first two payments on December 31, 2017, and January 31, 2018, assuming the payment is a) a foxed principal payment of $2.800.plus interest, and (b) a blended principal and interest payment of $3,402. (Credit account titles are automatically Indented when the amount entered. Do not indent manually. Round answers to the nearest whole dollar, s. 5.275.) (a) Fixed principal payment Date Account Titles and Explanation Debit Credit 2017 Dec. 31 2018 Jan. 31 Hasee 25 712 Qur (b) Blended principal and interest payment Date Account Titles and Explanation Questi Debit Credit 2017 Quest Dec 31 Quest OU Quest 2018 Jan 31 Quest Quest Quest Quest e Textbook and Media List of Accounts View Attempts of 2 used Suite Save for later Hasee

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