Mar. 1, 2024 Dec. 1, 2024 Dec. 31, 2024 Dec. 31, 2024 Jan. 1, 2025 Feb. 1, 2025 Mar. 1, 2025 Mar. 1, 2025 Borrowed $175,000 from Bartow Bank. The seven-year, 13% note requires payments due annually, on March 1. Each payment consists of $25,000 principal plus one year's interest. Mortgaged the warehouse for $150,000 cash with Saban Bank. The mortgage requires monthly payments of $2,000. The interest rate on the note is 5% and accrues monthly. The first payment is due on January 1, 2025. Recorded interest accrued on the Saban Bank note. Recorded interest accrued on the Bartow Bank note. Paid Saban Bank monthly mortgage payment. Paid Saban Bank monthly mortgage payment. Paid Saban Bank monthly mortgage payment. Paid first installment on note due to Bartow Bank. Print Done