Make journal entries too

On October 31, 2020, Seldon Company incurs a 30-year $600,000 mortgage liability in conjunction with the purchase of a motel. This mortgage is payable in equal monthly installments of $6,485, which include interest computed at an annual rate of 12%. The first monthly payment is made on November 30,2020 . This mortgage is fully amortizing over 360 months. Complete the amortization table for the first two payments by entering the correct dollar amounts in the blank spaces provided. On October 31, 2020, Seldon Company incurs a 30-year $600,000 mortgage liability in conjunction with the purchase of a motel. This mortgage is payable in equal monthly installments of $6,485, which include interest computed at an annual rate of 12%. The first monthly payment is made on November 30,2020 . This mortgage is fully amortizing over 360 months. Complete the amortization table for the first two payments by entering the correct dollar amounts in the blank spaces provided