Purchased land for $32,000. Paid cash, $18,000, and financed the remaining balance. Terms of the loan: 5.5% interest (APR), 120 monthly payments at $ 151.94/month. Payments to begin February.

2/6 Performed services for Ms. Lena Horne, $1900 cash. Cash Service Revenue 1900 12/7 Purchased land for $32,000. Paid cash, $18,000, and financed the remaining balance. Terms of the loan: 5.5% interest (APR), 120 monthly payments at $151.94/month. Payments to begin February 2018. 12/10 Performed services for LandSouth Bank, $1200, on account. Journal Entries 0 Type here to searcih