part 1

4 Part 1 of 4 Required information The following information applies to the questions displayed below! On January 1, 2021, Gundy Enterprises purchases an office building for $349,000, paying $59,000 down and borrowing the remaining $290,000, signing a 8% 10 year mortgage Installment payments of $3,518.50 are due at the end of each month, with the first payment due on January 31, 2021 onts eBook Required: 1. Record the purchase of the building on January 1, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) Pynt View transaction list References Journal entry worksheet Record the purchase of the building Note Enter debits before credits General Journal Debit Credit January 01, 2021 Record entry Clear entry View general journal