Pad 7:05 PM ?95%- On January 1, 2018, Gundy Enterprises purchases an office for $327,000, paying $57,000 down and borrowing the remaining $270,000, signing a 7%, 10-year mortgage. Installment payments of $3134.93 are due at the end of each month, with the first payment due on January 31, 2018. value 10.00 points Required information Required: 1. Record the purchase of the building on January 1, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the purchase of the building. Note: Enter debits before credits Date General Journal Debit Credit January 01, 2018