Question: Required information Problem 9-1A (Algo) Record and analyze installment notes (LO9-2) Skip to question [The following information applies to the questions displayed below.] On January

Required information Problem 9-1A (Algo) Record and analyze installment notes (LO9-2) Skip to question [The following information applies to the questions displayed below.] On January 1, 2024, Bloomfield Enterprises purchases a building for $239,000, paying $49,000 down and borrowing the remaining $190,000, signing a 9%, 10-year mortgage. Installment payments of $2,406.84 are due at the end of each month, with the first payment due on January 31, 2024. Problem 9-1A (Algo) Part 1 Required: 1. Recor the purchase of the building

Journal entry worksheet

Journal entry worksheet

Record the purchase of the building.

Note: Enter debits before credits.

Date General Journal Debit Credit
January 01, 2024

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