Current Attempt in Progress On September 30, 2021, Sunland Corporation received a three-year, 8%, $1,050,000 bang loan. The terms provide for payment of the bank loan with quarterly instalment payments of $99,288, starting on December 31. Sunland has a November 30 year end and records adjusting entries annually. (a) Your Answer Correct Answer Your answer is correct. Record the receipt of the bank loan on September 30, 2021. (Round answers to the nearest whole dollar, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Foot 20 Debit Credit $1050000 Your Answer Correct Answer Your answer is correct. Record the receipt of the bank loan on September 30, 2021. (Round answers to the nearest whole dollar, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Sept. 30 Cash Bank Loan Payable eTextbook and Media List of Accounts Debit Credit $1050000 $1050000 Attempts: unlimited (b) Record the accrual of interest expense on November 30, 2021. (Round answers to the hearest whole dollar, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Nov. 30 eTextbook and Media List of Accounts Save for Later Debit Credit Attempts: unlimited Submit Answer