Question: Question 3 Current Attempt in Progress Shamrock, Inc. issues a $660,000 10% 10-year mortgage note on December 31, 2017, to obtain financing for a new

Question 3 Current Attempt in Progress Shamrock, Inc. issues a $660,000 10% 10-year mortgage note on December 31, 2017, to obtain financing for a new building. The terms provide for annual installment payments of $107,412. Prepare the entry to record the mortgage loan on December 31, 2017, and the first installment payment on December 31, 2018. (Credit account titles are indented when amount is entered. Do not indent manually) Account Titles and Explanation Date Debit Credit Dec. 31, 2017 Dec. 31, 2018 eTextbook and Media List of Accounts

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