90 Saved Help Save Required information [The following information applies to the questions displayed below) On January 1, 2018, Gundy Enterprises purchases an office for $360,000, paying $60,000 down and borrowing the remaining $300,000, signing a 7%, 10-year mortgage Installment payments of $3,483 25 are due at the end of each month, with the first payment due on January 31, 2018 Required: 1. Record the purchase of the building on January 1, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Required information Journal entry worksheet ft 1 of 3 Record the purchase of the building. ats eBook Note: Enter debits before credits Print Date General Journal Debit Credit Terences January 01, 2018 Record entry Clear entry View general journal - 5 ! Roa Required information The following information applies to the questions displayed below) On January 1, 2018, Gundy Enterprises purchases an office for $360,000, paying $60,000 down and borrowing the remaining $300.000, signing a 7%, 10-year mortgage Installment payments of $3,483.25 are due at the end of each month, with the first payment due on January 31, 2018 Jook 2. Complete the first three rows of an amortization schedule (Do not round intermediate calculations. Round your final answers to decimal places.) Decrease in Date Cash Paid Interest Expense Carrying Value Carrying Value 1/1/18 01/31/18 02/28/18 Part 3 of 3 Journal entry worksheet