sheridan co recieves $$360,000$ when it issues $$360,00,15\%$Prepare the journal entries to record the mortgage loan and the first two installment payments. $($Credit

account titles are automatically indented when amount is entered. If no entry is required, select

$"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit

entries. Do not indent manually. Record journal entries in the order presented in the problem.$)$

Date

Account Titles and Explanation

Debit