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please explain how i get the principal payment and interest expense please. first insterest rate: 6% second interest: 5% 15,750 Interest Payable Notes Payable 35,000

please explain how i get the principal payment and interest expense please.
first insterest rate: 6%
second interest: 5%
image text in transcribed
15,750 Interest Payable Notes Payable 35,000 Cash 53,900 Requirement 2. Prepare the liabilities section of the balance sheet for Smith Pharmacies on March 1, 2019 after all the jou First, prepare an amortization schedule for the Saban Bank mortgage to March 1, 2020. Prepare the schedule for the first t dollar.) Review the related journal entries you prepared in Requirement 1. Beginning Interest Total Principal Payment Ending Balance Balance Expense Payment 625 $ 12/01/2018 1/01/2019 $ 2/01/2019 3/01/2019 4/01/2019 150,000 $ 140,625 131,211 121,758 9,375 $ 9.414 9,453 586 150,000 140,625 131,211 121.758 10,000 10,000 10,000 10,000 547 Help me solve this Etext pages Get more help DE 2 A 7 MacBook Pro

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