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5:37 AA edugen.wileyplus.com WileyPLUS Weygandt, Accounting Principles, 13e Help | System Announcements CALCULATOR PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES financing a new research laboratory. The terms of the note provide for Exam 3 - Problems (Part 2 of 2) annual installment payments, exclusive of real estate taxes and Brief Exercise 160 insurance, of $48,758. Payments are due on December 31. Brief Exercise 161 Brief Exercise 162 a-b Brief Exercise 16 Prepare an installment payments schedule for the first 4 years. (Round Exercise 171 Problem 15-04A a-c answers to 0 decimal places, e.g. 15,250.) Video) Annual Interest Period Cash Payment Interest Expense Reduction of Principal Principal Balance Review Score Review Results by Study Issue Date Objective Mobile Site 2 3 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Prepare the entries for (1) the loan and (2) the first installment payment. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 15,250. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Dec. 31, 2019 Dec. 31, 2020 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Show how the total mortgage liability should be reported on the balance sheet at December 31, 2020. (Enter account name only and do not provide descriptive information. Round answers to 0 decimal places, e.g. 15,250.) Ivanhoe Electronics Balance Sheet (Partial) December 31, 2020 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM Question Attempts: 0 of 2 used