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Please help me PROBLEM Gomez Inc. signed a mortgage payable on November 3 0 , 2 0 2 4 , with a bank to obtain

Please help me PROBLEM
Gomez Inc. signed a mortgage payable on November 30,2024,
with a bank to obtain financing for a new building. Installment
payments are to be made at the end of each month.
Information for the mortgage follows.
Mortgage loan amount
Mortgage term in years
$300,000
10
4%
Interest rate
calculate the payment and mathematical formulas with cell references to the Problem area
and work area as indicated.
a. Use Excel's PMT function to calculate the amount of each installment payment.
Mortgage payment calculation
b. Prepare a partial amortization table through January 31,2021.
b. Prepare a partial amortization table through January 31,2021.
Nov. 30,2024
Dec. 31,2024
Jan. 31,2024 c. Prepare the entries to record the mortgage on November 30,2024, and the first two
payments on December 31,2024, and January 31,2025.
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