MOS Ch9HW PP&E Question 1 of 6 3.33/10 Sheridan Company purchased and a building and equipment on January 2, 2021. for $895.000. The company paid $170.000 cash and signed a mortgage note puyable for the remainder Managementshest estimate of the value of the land was $35.00 of the building 3414000d of the rulment. $129.500. Record the purchase. Use Mortgage payable for account Chedintiese derlede when the amount senteret. Do not indent manual no entry is requiel No Entry for the accountitle and enter for the Date Account Titles and Explanation Debit Credit Ian, 2 251.00 DIA To record purchase of pretty There D