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Kessel company purchased a building and land with a fair market value of 650000, building of 400000, and land of 250000, on January 1st
Kessel company purchased a building and land with a fair market value of 650000, building of 400000, and land of 250000, on January 1st 2018. Castle signed a 20-year 8% mortgage payable. Kessel will make monthly payments of $5,436.86. Journalize the mortgage payable issuance on January 1st 2018.
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
9th edition
978-1285183244, 128518324X, 978-1285779263, 1285779266, 978-1285183237
