Analyze nestle csr initiative plan focuses on society issues
This is a CSR project, and choose to nestle as our company Note: Please give answer on mentioned words (must add intext citation) and required
Question – On December 31, 2017, James, Inc., borrowed $500,000 on an eight percent, ten-year mortgage note payable. The note is to be repaid in equal quarterly installments of $18,278 (beginning March 31, 2018). Prepare journal entries to reflect (a) the issuance of the mortgage note payable, (b) the payment of the first installment on March 31, 2018, and (c) the payment of the second installment on June 30, 2018. Round amounts to the nearest dollar.