Question: Assignment: 1 Prepare a Note Amortization table thru payoff 2. Journalize transactions (Click tab below.) Submit to your Canvas Assignment folder New File Name convention:
Assignment: 1 Prepare a Note Amortization table thru payoff 2. Journalize transactions (Click tab below.) Submit to your Canvas Assignment folder New File Name convention: Lname Fname Note Amort Tablexds ie mare None Payable Amotiation Tubie w Video Issue Date: Note Amount 40,000 Interest Rate (Annual): Interest Rate per Monthly payment 996 0.7500% # of Monthly Payments: 48 Payment per period:($995.40 40,000 $70062 T38,604 37,898 Pmt # Payment Interest Principal Balance 12 Beginning Balance: 1/31/12 89.49 $995.40 5995 40 284.16 $716.50 36,470 40273.53 $995.40273.3 12/31/12 267.91 $995.4 34,288 $995 40 Assignment Amort Table Assignment Journal Entries ss ESC to cancel Copy Assignment: 1 Prepare a Note Amortization table thru payoff 2. Journalize transactions (Click tab below.) Submit to your Canvas Assignment folder New File Name convention: Lname Fname Note Amort Tablexds ie mare None Payable Amotiation Tubie w Video Issue Date: Note Amount 40,000 Interest Rate (Annual): Interest Rate per Monthly payment 996 0.7500% # of Monthly Payments: 48 Payment per period:($995.40 40,000 $70062 T38,604 37,898 Pmt # Payment Interest Principal Balance 12 Beginning Balance: 1/31/12 89.49 $995.40 5995 40 284.16 $716.50 36,470 40273.53 $995.40273.3 12/31/12 267.91 $995.4 34,288 $995 40 Assignment Amort Table Assignment Journal Entries ss ESC to cancel Copy
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
