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Que Homework: ACC250 Topic 7 Assignment - TOIOL Save Requirements The following transactions of Green Pharmacies occurred during 2018 and 2019: (Click the icon to view the transactions.) 1. Journalize the transactions in the Green Pharmacies general journal. Round to the nearest dollar. Explanations are not required. 2. Prepare the liabilities section of the balance sheet for Green Pharmacies on March 1, 2019 after all the journal entries are recorded. Read the requirements 2018 X Dec. 1 Cash More info Mortgage Payable Mar. 1, 2018 Dec 31, 2018: Recorded interest accrued on the Sammon Bank note Borrowed $160,000 from Milton Bank. The eight-year, 15% note requires payments due annually, on March 1. Each payment consists of $20,000 principal plus one year's interest. Mortgaged the warehouse for $450,000 cash with Sammon Bank. The mortgage requires monthly payments of $5,000. The interest rate on the note is 12% and accrues monthly. The first payment is due on January 1, 2019 Recorded interest accrued on the Sammon Bank note. Dec. 1, 2018 Date Accounts Dec. 31, 2018 2018 Dec. 31 Dec. 31, 2018 Jan. 1, 2019 Feb. 1, 2019 Recorded interest accrued on the Milton Bank note. Paid Sammon Bank monthly mortgage payment. Paid Sammon Bank monthly mortgage payment. Paid Sammon Bank monthly mortgage payment. Paid first installment on note due to Milton Bank Mar. 1, 2019 Mar. 1, 2019 Help me solve this Etext pages Get more help Print Done

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