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Required Information The following information applies to the questions displayed below) On January 1, 2021. Gundy Enterprises purchases an office building for $173,000. paying $43,000

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Required Information The following information applies to the questions displayed below) On January 1, 2021. Gundy Enterprises purchases an office building for $173,000. paying $43,000 down and borrowing the remaining $130,000, signing a 9%, 10-year mortgage, installment payments of $1646.79 are due at the end of each month, with the first payment due on January 31, 2021 3-a. Record the first monthly mortgage payment on January 31, 2021 (1 no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account field. Do not round Intermediate calculations. Round your final answers to 2 decimal places.) View transaction list Journal entry worksheet

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