Gloria Roper Associates surveys American eating habits. The company's accounts include Land, Buildings, Office Equipment, and Communication Equipment, with a separate Accumulated Depreciation account for each depreciable asset. During 2024, Gloria Roper Associates completed the following transactions: (Click the icon to view the transactions.) Record the transactions in the journal of Gloria Roper Associates. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Jan. 1: Purchased office equipment, $112,000. Paid $80,000 cash and financed the remainder with a note payable. (Record a single compound journal entry.) Date Jan. 1 Accounts and Explanation Debit Credit