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please answer as per layout On September 30, 2021, Bonita Corporation received a three-year, 8%, $1,200,000 bank loan. The terms provide for payment of the

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On September 30, 2021, Bonita Corporation received a three-year, 8%, $1,200,000 bank loan. The terms provide for payment of the bank loan with quarterly instalment payments of $113,472, starting on December 31. Bonita has a November 30 year end and records adjusting entries annually. Record the receipt of the bank loan on September 30, 2021. (Round answers to the nearest whole dollar, c.8. 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 Debit Credit Sept. 30 Bank Loan Payable 1200000 Cash 1200000 List of Accounts Record the accrual of interest expense on November 30, 2021. (Round answers to the nearest whole dollar, c.8. 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 Debit Credit = Date Account Titles and Explanation Interest Expense Debit Nov. 30 Credit Interest Payable List of Accounts Record the first two instalment payments, on December 31, 2021, and March 31, 2022. (Round answers to the nearest whole dollar, c.8. 5.250. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Account Titles and Explanation Date Dec 31, 2021 Debit Credit Mar. 31, 2022

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