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Enche 10-29 (Part Level Submission) Boom Company receives $240,000 when Issues a $240,000, 10%, mortgage note payable to finance the construction of a building of

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Enche 10-29 (Part Level Submission) Boom Company receives $240,000 when Issues a $240,000, 10%, mortgage note payable to finance the construction of a building of December 31, 2022. The term provide for ammual installment payments of $40,000 on December 31 Prepare an amortistion schedule of a mortgage note for two years. Cash Interest Mevluction Principal Balance un date 12/31/24

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