On January 1, 2021, California Financial purchases a building for $900,000, signing a 5%, 20-year mortgage Installment payments of $5,939.60 are due at the end of each month, with the first payment due on January 31, 2021 Required: 1.2. & 3. Record the issuance of the mortgage installment and the first two monthly mortgage payments. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) View transaction list Journal entry worksheet 2 3 Record the issuance of a note payable on Jan 01, 2021. 1 Note: Enter debits before credits Date General Journal Debit Credit January 01, 2021 On January 1, 2021, California Financial purchases a building for $900,000, signing a 5%, 20-year mortgage. Installment payments of $5,939.60 are due at the end of each month, with the first payment due on January 31, 2021. Required: 1.2. & 3. Record the issuance of the mortgage installment and the first two monthly mortgage payments. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) View transaction list Journal entry worksheet 1 2 3 Record the first monthly mortgage payment on January 31, 2021. Note: Enter debits before credits General Journal Debit Credit Date January 31, 2021 On January 1, 2021, California Financial purchases a building for $900,000, signing a 5%, 20-year mortgage. Installment payments of $5,939.60 are due at the end of each month, with the first payment due on January 31, 2021. Required: 1. 2. & 3. Record the issuance of the mortgage installment and the first two monthly mortgage payments. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations) View transaction list Journal entry worksheet