Question: Just really need some help on this and the few parts to follow please! I will rate! Many thanks and God bless!!! S12-2 (similar to)

Just really need some help on this and the few parts to follow please!
I will rate!
Many thanks and God bless!!!
S12-2 (similar to) Question Help Ella Company purchased a building with a market value of $275,000 and land with a market value of $65,000 on January 1, 2018. Ella Company paid $40,000 cash and signed a 20-year, 6% mortgage payable for the balance. Requirements 1. Journalize the January 1, 2018, purchase. 2. Journalize the first monthly payment of $2,149 on January 31, 2018. (Round to the nearest dollar.) Requirement 1. Journalize the January 1, 2018, purchase. (Record debits first, then credits. Select explanations on the last line of the journal entry.) Date Accounts and Explanations Debit Credit 2018 Jan. 1 Choose from any list or enter any number in the input fields and then click Check Answer. ? 1 part Clear All Check Answer remaining
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