1 of 3 Required information Problem 9-1B Record and analyze installment notes (LO9-2) The following information applies to the questions displayed below) On January 1, 2021, Stoops Entertainment purchases a building for $450,000, paying $120,000 down and borrowing the remaining $330,000, signing a 8%, 15-year mortgage. Installment payments of $3,153,65 are due at the end of each month, with the first payment due on January 31, 2021. pped Problem 9-18 Part 1 Hook Required: 1. Record the purchase of the building on January 1, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet > Journal entry worksheet 1 Record the purchase of the building. Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2021