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Rouxdy Co. signed a 20 year, 5%, $375,000 mortgage payable for the purchase of a building. a. Journalize the issuance of the mortgage payable b.

Rouxdy Co. signed a 20 year, 5%, $375,000 mortgage payable for the purchase of a building.

a. Journalize the issuance of the mortgage payable

b. Journalize the first monthly payment of $2,474.83

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