K 22 of 23 The This Eden Company purchased a building with a marhat value of $305,000 and land with a market of 300 1300 Compe mortgage payable for the balance Requirements 1. Joumalize the January 1, 2024, purchase 2. Joumalize the first monthly payment of $5,777 on January 31, 2004 (Round to the Requirement 1. Joumalize the January 1, 2024, purchase. (Record debts frst, then credits. Select plans on the f Date 2024 Jan. 1 Accounts and Explanations Debit Credit Requirement 2. Joumalize the first monthly payment of $5,777 on January 31, 2024. (Round to the nearest dollar) (Record debits first, then credits. Select explanations in the last of the journal entry.) Date 2024 Accounts and Explanations Debit Credit Jan. 31 The son Eden Company purchased a building with a market value of $305,000 and land with a market value of $50,000 on Jary 1,304 Een my mortgage payable for the balance. Requirements 1. Journalize the January 1, 2024, purchase. 2. Journalize the first monthly payment of $5,777 on January 31, 2024. (Round to the nearest doler) Requirement 1. Joumalize the January 1, 2024, purchase. (Record debits first, then credits. Select explanations on the last line of the w Date 2024 Jan. 1 Accounts and Explanations Debit Credit quirement 2. Joumalize the first monthly payment of $5,777 on January 31, 2024. (Round to the nearest dollar) (Record debits first, then credits. Select explanations on w mal entry.) Accounts and Explanations Debit Credit