Point 0.21 of 1 Save Kan Company purchasing and write of 560.00 35.00 und and 120.000 Kredyr. more power Round to two decals and for Read the Requirementum. 2004 Date Acco Dab Crede Land 2200000 5.000.00 Requirements Mango DODO Regiment.world Dog Prel tume wy 2. more 2004 wodny 2000 1964 1312014 201204 Print Done Points: 0.21 of 1 Kahl Company purchased a building and land with a fair market value of $550,000 (building, $325,000 and land, $225,000) on January 1, 2024. Kahl signed a 20-year, 6% mortgage payable. Kahl will make monthly payments of $3,940.37. Round to two decimal places. Explanations are not required for journal entries. Read the requirements. Requirement 1. Journalize the mortgage payable issuance on January 1, 2024. (Record debits first, then credits. Exclude explanations from any journal entries.) Date Accounts Debit Credit 2024 Jan. 1 Land Requirements Building Morto 1. Journalize the mortgage payable issuance on January 1, 2024 2. Prepare an amortization schedule for the first two payments. 3. Journalize the first payment on January 31, 2024. 4. Journalize the second payment on February 28, 2024. Requirement 2. Pred B