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QUESTION 2 point On January 1, 2017 Barth Company purchased equipment and igned a six year mortgage note for $160.000 at 15%. The note will

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QUESTION 2 point On January 1, 2017 Barth Company purchased equipment and igned a six year mortgage note for $160.000 at 15%. The note will be paid in equal annual instaliments of 543.37 beginning January 1, 2018 Prepare the journal entry for the first payment

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