Record the transaction in the general journal. Use only the account names provided in the chart of accounts.

rst day or each ding. Mortgage payments of S2250 are due on the Oct. 1 Issued a S 180,000, 10-year, 9% mortgage payable for land with an existing store buil month, beginning November 1. The assets had the following market values: Land, $140,000, Building, $40,000 Debit Credit Date Accounts and Explanation Oct. 1