Prepare a payable amortization table for 18 months

Reference no: EM13982304

Question:

A company bought a machine at a cost of sh 163980 on 15th June 2014. In payment the company issued an instalment note payable for this amount, plus interest at 12%p.a. this note was playable in 18 monthly installments starting on 1st July 2014.

Prepare a 12% note payable amortization table for 18 months?

Reference no: EM13982304

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Prepare a payable amortization table for 18 months : In payment the company issued an instalment note payable for this amount, plus interest at 12%p.a. this note was playable in 18 monthly installments starting on 1st July 2014 - Prepare a 12% note payable amortization table for 18 months?

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