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What would be the adjusting journal entry to record the payment of a self-amortizing qualified nonrecourse senior first mortgage bearing market interest on a loan
What would be the adjusting journal entry to record the payment of a self-amortizing qualified nonrecourse senior first mortgage bearing market interest on a loan that is secured by a data center in Boston, MA? Please list the account name (description) and whether it would be an increase or decrease to that specific account/said another way the debit(s) and credit(s) plus a description as to whether the account increases or decreases
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