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Firm takes out a loan amounting 30.000 TL on 1 March 2015. Maturity is 24 months, monthly interest is 5%. Money is transferred to the
Firm takes out a loan amounting 30.000 TL on 1 March 2015. Maturity is 24 months, monthly interest is 5%. Money is transferred to the bank account. The loan will be paid in monthly installments. Amount of the monthly payment is 2.174 TL. Which one is not included in the record for 1 March 2015? No Months Beginning Payment Interest Principal Ending Balance Balance 1 March 2015 30.000 2.174 1500 674 29.326 2 April 29.326 2.174 1466 708 28.618 3 May 28.618 2.174 1431 743 27.875 4 27.875 2.174 1394 780 27.095 June July 5 27.095 2.174 1355 819 26.276 6 August 26.276 2.174 1314 860 25.416 7 September 25.416 2.174 1271 903 24.512 October 24.512 2.174 948 23.564 1226 1178 9 November 23.564 2.174 996 22.568 10 December 22.568 2.174 1128 1.046 21.523 11 January 2016 21.523 2.174 1076 1.098 20.425 12 February 20.425 2.174 1021 1.153 19.272 13 March 19.272 2.174 964 1.210 18.061 14 April 18.061 2.174 903 1.271 16.791 15 May 16.791 2.174 840 1.334 15.456 16 June 15.456 2.174 773 1.401 14.055 17 July 14.055 2.174 703 1.471 12.584 18 12.584 2.174 629 1.545 11.039 August September 19 11.039 2.174 552 1.622 9.417 20 October 9.417 2.174 471 1.703 7.714 21 November 7.714 2.174 386 1.788 5.925 22 December 5.925 2.174 296 1.878 4.047 23 January 2017 4.047 2.174 202 1.972 2.076 24 February 2.076 2.174 104 2.070 Select one: Short-term Portion of LT Debt 10.728 credit Bank Loans(LT) 19.272 credit Bank Loans(LT) 30.000 credit 0 Banks debit 30.000
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