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Question 7 Wildhorse Co. receives $372,000 when it is $372,000, 10%, mortgage notre payable to finance the construction of a building at December 31, 2022.
Question 7 Wildhorse Co. receives $372,000 when it is $372,000, 10%, mortgage notre payable to finance the construction of a building at December 31, 2022. The terms provide for annual installment payments of $62.000 on December 31 Prepare an amortization schedule of a mortgage note for two years Annual Interest Period Reduction Principal Balance Payment Issue date 12/31/23 12/31/24 CALCULATOR Prepare the journal entry to record the mortgage loan. (Credit account titles are automatically indented when amount is entered. Do not Indent manually De Credit Rates and implanation Dec 31, 2022 SHOW LIST OF ACCOUNTS TO VIDEO LE TO TEXT Prepare the journal entries to record the lint two installment payments (Credit account titles are automatically indevided when amount is entered to not indot manually) Det Crede Date Account Tities and Explanation First Installment Payment Dec 31, 2023 Second Installment Payment Dec 31, 2024 We here to search O
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