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Question 6 Marine Bouet a $530,000, 10%, 10-year mortgage note on December 31, 2022. to obtain financing for a new building. The terms provide for

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Question 6 Marine Bouet a $530,000, 10%, 10-year mortgage note on December 31, 2022. to obtain financing for a new building. The terms provide for annual instaliruint payments of $102,530 Drepare the entry to record the mortgage loan on December 31, 2022, and the first installment payment on December 31, 2023. (Credit accounts are automatically denta when amount is entered. Do not indent manually.) Det Credit Accountries and Explanation D3.2002 Dec 31, 2023

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