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What correct journal entry for recording semiannual payment

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Question 1: On January 1, Bixby Machine signed a $210,000, 6%, 30-year mortgage that requires semiannual payments of $7,585 on June 30 and December 31 of each year. What's the correct journal entry for recording the second semiannual payment? (Round interest calculation to the nearest dollar.)

Reference no: EM132627475

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