How do I do the general entry for Alpha Company signed a $100,000 mortgage on July 1 2016 for a purchase of
How do I do the general entry forAlpha Company signed a $100,000 mortgage on July 1 2016 for a purchase of
their new garage building. The mortgage entailed equal monthly payment of $2,500.00 at the end of each month. The interest rate is %0.25 per month.