THAI ALLUUN, ye FINANCIAL ACCOUNTING (ACC CALCULATOR STAND PRINTER VERSION BACK Sheridan Company receives $348,000 when it issues a $348,000, 10%, mortgage note payable to finance the construction of a building at December 31, 2022. The terms provide for annual installment payments of $58,000 on December 31. Prepare an amortization schedule of a mortgage note for two years. Annual Interest Perlod Cash Payment Interest Expense Reduction of Principal Principal Balance Issue date 12/31/23 12/31/24 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO Prepare the journal entry to record the mortgage loan. (Credit account titles are automatically Indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec 31, 2022 SHOW LIST OF ACCOUNTS LENK TO TEXT LINK TO VIDEO Prepare the journal entries to record the first two installment payments. (Credit anunt titles are automatically indented when amount is entered. Do not indent manually.) Date Account Tities and Explanation Debit Credit First Installment Payment Dec 31, 2023 Second Installment Payment LINK TO TEXT LINK TO VIDEO Prepare the journal entry to record the mortgage loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec 31, 2022 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO Prepare the journal entries to record the first two installment payments. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Tities and Explanation Debit Credit First Installment Payment Dec 31, 2023 Second Installment Payment Dec 31, 2024 Click if you would like to Show Work for this question: Open Show Work MacBook Air