On January 1 Clive Corporation signed a $480,000, 5%, 30-year mortgage that requires...
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On January 1 Clive Corporation signed a $480,000, 5%, 30-year mortgage that requires se annual payments of S 5 record the second semiannual payment would be: (Round your final answer to the nearest dollar.) 0 on une 30 and December 31 each ear ournalent OA. debit Interest Expense, $11,912; debit Mortgage Payable, $3,618, credit Cash, $15,530 O B. debit Interest Expense, $11,912; debit Mortgage expense, $3,618, credit Cash, $15,530 O C. debit Interest Expense, $3,618; debit Mortgage Payable, S11,912, credit Cash, $15,530 OD. debit Mortgage Payable, $15,530, credit Cash, $15,530
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