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Detwiler Orchard issues a $640,000, 6%, 15-year mortgage note to obtain needed financing for a new lab. The terms call for annual payments of $65,896
Detwiler Orchard issues a $640,000, 6%, 15-year mortgage note to obtain needed financing for a new lab. The terms call for annual payments of $65,896 each.
Prepare the entries to record the mortgage loan and the first installment payment.
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Empirical Studies On Economics Of Innovation Public Economics And Management
Authors: Mehmet Huseyin Bilgin, Hakan Danis, Ender Demir, Ugur Can
1st Edition
3319501631, 9783319501635
