exercise 10-24 please see attachment for easier viewing ....thank you

Exercise 10-24 Nance Co. receives $329,200when it issues a $329,200,7%, mortgage note payable to finance the construction of a building at December 31, 2014. The terms provide for semiannual installment payments of $17,899on June 30 and December 31.

Prepare the schedule using effective-interest method to amortize bond premium or discount of Nance Co.(Round answers to 0 decimal places, e.g. 125.)

Semiannual Interest Period	Cash Payment	Interest Expense	Reduction of Principal	Principal Balance
Issue date	$	$	$	$
6/30/15
12/31/15

SHOW LIST OF ACCOUNTS
LINK TO TEXT

Prepare the journal entries to record the mortgage loan.(Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
Dec. 31, 2014

SHOW LIST OF ACCOUNTS
LINK TO TEXT

Prepare the journal entries to record the first two installment payments.(Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
First Installment Payment
June 30, 2015
Second Installment Payment
Dec. 31, 2015

Exercise 10-24 Nance Co. receives $329,200 when it issues a $329,200, 7%, mortgage note payable to finance the construction of a building at December 31, 2014. The terms provide for semiannual installment payments of $17,899 on June 30 and December 31. Prepare the schedule using effective-interest method to amortize bond premium or discount of Nance Co. (Round answers to 0 decimal places, e.g. 125.) Semiannua l Interest Period Cash Payment Interest Expense $ Reduction of Principal $ Principal Balance $ $ Issue date 6/30/15 12/31/15 SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the journal entries to record the mortgage loan. (Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Date Account Titles and SHOW LIST OF ACCOUNTS Explanation Dec. 31, 2014 Date LINK TO TEXT Debit Credit Debit Credit First Installment Payment June 30, 2015 Prepare the journal entries to record the first two installment payments. (Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Second Installment Payment Dec. 31, 2015