Question: a company inter in a fixed contract for 4 , 0 0 0 , 0 0 0 to build a new building for self use

a company inter in a fixed contract for 4,000,000 to build a new building for self use in 1/05/2023 during 20023 the wighted avregae of expenditure for the building was 2,500,000. in 1/1/2024 the company paid 400,000 and in31/01/204600,000 the last payment. the building was ready to use in 102?2024. to finance the building the company took a loan in 15?2032,000,000 at 6% and there was other two loans from 2,000,000 at7% and 3,000,000 at 9%. required : calculate and journalize the required entry for the building in31/12/2023 and 31/01/2024.
 a company inter in a fixed contract for 4,000,000 to build

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