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t Attempt in Progress Matrix Consulting Agency signed a 10-year, 6.00%, $500,000 mortgage on June 30, 2021, to help finance a new office building. The

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t Attempt in Progress Matrix Consulting Agency signed a 10-year, 6.00%, $500,000 mortgage on June 30, 2021, to help finance a new office building. The mortgage terms provide for semi-annual payments of $33,608. Payments are due on December 31 and June 30. The company's year end is June 30. (a) Prepare an instalment payment schedule for the first two years. (Round answers to the nearest whole dollar, e.g. 5,275.) Semi- annual Interest Period Cash Payment Interest Expense Reduction of Principal Princip Balanc June 30, 2021 Dec. 31. 2021 ZA 33,608 $ $ June 30, 2022 33,608 Dec 31, 2022 33.608 June 30, 2023 33,608 Principal Balance $ Record the receipt of mortgage loan on June 30, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Debit Credit Date Account Titles and Explanation June 30 Record the first two instalment payments.on December 31, 2021, and June 30, 2022 (Round answers to the nearest whole dollar, es 5.275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Debit Credit Date Account Titles and Explanation Dec 31 June 30 Show the statement of financial position presentation of the mortgage payable at June 30, 2022. MATRIX CONSULTING AGENCY Statement of Financial Position (Partial) Current liabilities Non-current liabilities

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