Grouper Co. receives $2,660,000 when it issues a $2,660,000, 7%, mortgage note payable to finance the construction of a building at December 31, 2019. The terms provide for annual installment payments of $241,000 on December 31. Prepare the journal entries to record the mortgage loan and the first two installment payments

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Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1,234.00 and have not been paid yet. using actual days, how much will the buyer be credited and the seller be debited

Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal.b) rental rates in france will increase.c) wages in france will decrease.d) rental rates in portugal will increase.