Question: Please help with amortization schedule Required information [The following information applies to the questions displayed below.] On January 1, 2021, Gundy Enterprises purchases an office
Please help with amortization schedule
Required information [The following information applies to the questions displayed below.] On January 1, 2021, Gundy Enterprises purchases an office building for $228,000, paying $48,000 down and borrowing the remaining $180,000, signing a 8%, 10-year mortgage. Installment payments of $2,183.90 are due at the end of each month, with the first payment due on January 31, 2021. 2. Complete the first three rows of an amortization schedule. (Do not round intermediate calculations. Round your final answers to 2 blecimal places.) Date Cash Paid Decrease in Interest Expense Carrying Value Carrying Value 1/1/2021 1/31/2021 2/28/2021
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