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The San Pedro company purchased a building and land with a fair market value (purchase price) of $625,000 (building $400,000 and land $225,000 on Jan
The San Pedro company purchased a building and land with a fair market value (purchase price) of $625,000 (building $400,000 and land $225,000 on Jan 1, 2019, San Pedro signed a 30 year 4.5% mortgage payable note. sAn Pedro is to make monthly payments of $ 3,167
Reguirements
Requirements 2 prepare an amortization schedule for 5he first 2 payments
jan 1
jan 31
feb 28
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