Final answer:
A purchase money mortgage appears on a closing statement by crediting the buyer and debiting the seller.
Step-by-step explanation:
A purchase money mortgage appears on a closing statement by credit the buyer and debit the seller.
In this situation, the buyer receives a credit for the amount of the mortgage, reducing the total amount owed, while the seller is debited for the same amount, indicating their payment for the house has been received from the buyer through the mortgage.