This question: $6$ point$($s$)$ possible

will make monthly payments of $$5,641\mathrm{.}68.$ 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.$)$

$\backslash$table$[[$Date$,$Accounts,Debit,Credit$],[2024,,,],[$Jan$.1,,,],[,,,],[,,,]]$

Requirement $2.$ Prepare an amortization schedule for the first two payments. $($Round all numbers to the neares

$\backslash$table$[[,\backslash$table$[[$Beginning$],[$Balance$]],\backslash$table$[[$Principal$],[$Payment$]],\backslash$table$[[$Interest$],[$Expense$]],\backslash$table$[[$Total$],[$Payment$]],\backslash$table$[[$Ending$],[$Balance$]]],[\frac{1}{1}\frac{?}{2024},,,,,],[\frac{1}{31}\frac{?}{2024},,,,,],[\frac{2}{28}\frac{?}{2024},,,,,]]$

Requirements

Journalize the mortgage payable issuance on January $1,2024.$

Prepare an amortization schedule for the first two payments.

Journalize the first payment on January $31,2024.$

Journalize the second payment on February $28,2024.$

Requirement $3.$ Journalize the first payment on January $31,2024.($Enter amounts to the nearest cent. Record debits first, then credits. Exclude explanations from any journal entries.$)$

$\backslash$table$[[$Date$,$Accounts,Debit,Credit$]]$