Nickel Balance Sheet Assignment
1- Riley Firm issued a $1,500,000, 10%, 10-year mortgage notice payable to finance the development of a constructing at December 31, 2016. The phrases present for semiannual installment funds of $120,365. When the notice was issued the next common journal entry was made: Money.................................................................................... 1,500,000 Mortgage Observe Payable.........................................................                          1,500,000 When the primary installment fee of $120,365 was made, by how a lot was Mortage Observe Payable diminished? present working. 2-On January 1, Nickel Company bought a 30% fairness in Poole Firm for $110,000. At December 31, Poole declared and paid a $30,000 money dividend and reported a internet revenue of $80,000.   As of December 31, what's the steadiness of the Poole Firm Funding on Nickel Stability Sheet? present working. .