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Business, 13.12.2019 02:31 asiaosterling

On december 31 of the current year, jones company purchased a building for $100,000, paying $40,000 in cash and signing a 15-year mortgage for the $60,000, taken out at 5% interest. the journal entry to record the purchase of the building would be:

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On december 31 of the current year, jones company purchased a building for $100,000, paying $40,000...

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