On January 1, 2024, Hometowne Construction financed the purchase of a new building by borrowing $611,000 from the bank using o 30 -year, 6% note payable. Payments of $3,663.25 are due at the end of each month, with the first instalment due on January 31,2024 . Record the issuance of the installment note payable and the first monthly payment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round your intermediate calculations. Round your final answers to 2 decimal places.) Journal entry worksheet Record the issuance of the installment note payable. Note: Enter debits before cred ts. On January 1,2024, Hometowne Construction financed the purchase of a new building by borrowing $611,000 from the bank using a 30 -year, 6% note payable. Payments of $3,663.25 are due of the end of each month, with the first instalinent due on January 31,2024. Record the issuance of the instaliment note payable and the first monthly payment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round your intermediate calculations. Round your final answers to 2 decimal places.) Journal entry worksheet 1 Recerd the fist monthly payment. Nose Enter debat befech cted te