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Prepare the entries for (1) the loan and (2) the first installment payment. (Credit account titles are automatically indented when amount is entered. Do not
Prepare the entries for (1) the loan and (2) the first installment payment. (Credit account titles are automatically indented when amount is entered. Do not indent manually, Roe places, e.g. 15,250.) Date Account Titles and Explanation Debit Credit Dec. 31, 2016 Dec. 31, 2017 Show how the total mortgage liability should be reported on the balance sheet at December 31, 2017. (Enter account name only and de not provlde descriptive information. Round ae e.g. 15,2so.) Talkington Electronics Balance Sheet (Partial)
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