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    maggs93618's Avatar
    maggs93618 Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 27, 2007, 05:26 PM
    Adj entries
    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's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
     
    #2

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

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