Save Ver by Homework: Chapter 12 Homework TR Score: 1 of 2 pts 2 of 7 (2 complete HW Score: 16.67%, 3 of 18 pts S12-2 (similar to) Question Help Edward Company purchased a building with a market value of $350,000 and tand with a market value of $25,000 on January 1, 2018. Edward Company paid $35.000 cash and signed a 12-year, 18% mortgage payable for the balance Requirements Journalize the January 1, 2018, purchase 2. Journalize the fest monthly payment of $5,777 on January 31, 2018. (Round to the nearest dollar) Canh 35.000 Purchased building and find with a mortgage and cour payment Requirement 2. Joumaise the first monthly payment of 55,777 on January 21, 2016. (Round to the nearest dollar) (Record debt first, then credite Select explanations on the latine of the entry) 1. Date Accounts and Explanations Debit Credit 2018 Jan 31 ou Cho em uma in the nuts and then click Check