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please fill it out in the correct form as the chart. Douglas Company issued a $4,500,000,10%,10-year mortgage note payable to finance the construction of a
please fill it out in the correct form as the chart.
Douglas Company issued a $4,500,000,10%,10-year mortgage note payable to finance the construction of a building at December 31 . 2021. The terms provide for annual installment payments of $732,354. Prepare the entry to record: (a) the mortgage loan on December 31, 2021. (b) the first installment payment. (Credit occount titles are outomatically indented when amount is entered. Do not indent manually.) Step by Step Solution
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