TWITTWO IN UW WWW On January 1, 2021, Gundy Enterprises purchases an office building for $294.000, paying $54.000 down and borrowing the remaining $240.000, signing a 7%. 10 year mortgage Installment payments of 52,786 60 se due the end of each month, with the first payment due on January 31, 2021 Required: 1. Record the purchase of the building on January 1, 2021. of no entry is required for a particular transaction event, led "No Journal Entry Required in the first account field.) View translation at Journal entry worksheet Record the purchase of the building Hotel Bar debits to create General Journal Det Credit Date January 01, 2021 Cash View general journal Record entry Clear entry