1, 2019 (explanations are not required) General Journal Account Name Debit Credit. Requirement 1: Journalize the note issuance on Jan. San Pedro is to make monthly payments of $3,167 (given, no need to calc using table). San Pedro signed a 30-year, 4.5% mortgage payable note. The correct answer for question 2 on the Homework Quiz is 823 Homework 1 The San Pedro Company purchased a building and land with a fair market value (purchase price) of $625,000 (building $400,000 and land $225,000 on Jan. ![]() (yes, spelling matters) If the question is asking about an amount, then answer the question with the amount of money, always use commas where appropriate, like 1,000, not 1000, but do NOT use the $ sign or any decimal point (just round to the nearest dollar) unless it is spefically asked for in the question. indicates that the first question on the Quiz will ask about what goes in the box. ![]() Homework Quiz question numbers are shown in Green followed by a box representing the location of the missing text and/or amount. They are to be used as "check numbers" so you can know that you are on the right track. Notice that selected correct amounts are shown. ![]() The Homework Quiz will ask questions about this Homework. HOMEWORK ASSIGNMENT- Students should complete most or all of the work in this area.
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