Jimmy Pesto's Pizzeria purchased a building on January $1^{st}$ by signing a long$-$term $$750,000$ mortgage with monthly payments of $$15,001.$ The mortgage carries an interest rate of $6\%.$

a$.$ Write the journal entry to reccrd the purchase of the building by signing the long$-$term mortgage.

b$.$ Write the journal entry to reccrd the first monthly payment $($Jan$.{31}^{st})$ by Jimmy Pesto's.

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c$.$ What is the balance in the Mcrigage Payable account, after this first monthly payment is recorded?

d$.$ Write the journal entry to reccrd the second monthly payment $($Feb$.{28}^{th})$ by Jimmy Pesto's. $q,$

$q,$

e$.$ What is the balance in the Mcrigage Payable account, after this second monthly payment is recorded?

On Oct. $1,2024,$ the board of directors of Gelko Inc. declared a $$3\mathrm{.}50$ per share cash dividend o $85,000$ shares of $$1$ par value cominon stock. The dividend will be paid to stockholders' who owr shares on Dec. $31,2024.$ The dividend will be paid on Feb. $1,2025.$ What journal entry, if any, i required on each of the following dates?

a$.$ Oct. $1,2024$

b$.$ Dec. $31,2024$

c$.$ Feb. $1,2025$