The following transactions of Wholesale Pharmacies occurred during 2024 and 2025: i (Click the icon to view the transactions.) Read the resulrements Notes Payable 975,000 More info Mar. 1, 2024 1, Dec. 1, 2024: Mortgaged the warehouse for $200,000 cash with Sarrimon Barik. The mortgage requires Date Accounts Debit Credit Dec. 1, 2024 2024 Dec. 1 200,000 Cash Mortgage Payable Borrowed $975,000 from Nelson Bank. The 15-year, 13% note requires payments due annually, on March 1. Each payment consists of $65,000 principal plus one year's interest. Mortgaged the warehouse for $200,000 cash with Sammon Bank. The mortgage requires monthly payments of S7,000. The interest rate on the note is 3% and accrues monthly. The first payment is due on January 1, 2025. Recorded interest accrued on the Sammon Bank note. Recorded interest accrued on the Nelson Bank note. Paid Summon Bark monthly mortgage payment Paid Sammon Bank monthly mortgage payment. Paid Sammon Bank monthly mortgage payment. Paid first installment on note due to Nelson Bank Dec. 31. 2024 Dec. 31, 2024 Jan. 1, 2025 Feb. 1, 2025 Mar. 1, 2025 200,000 Dec 31, 2024: Recorded interest accrued on the Sammon Bank note. Mar. 1, 2025 Date Accounts Debit Credit 2024 Dec. 31 Print Done )