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maggs93618
Feb 27, 2007, 05:26 PM
How do I journalize this entry

Interest at an annual rate of 8% is owed for the month of December 2005 on the mortgage note payable??

How do I journalize it??

Help plezzzzzzzzzzzzz

CaptainForest
Feb 28, 2007, 02:24 AM
What is the value of the mortgage note payable?