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Question 12 (2 points) Listen On July 1, 2020, Alfa Limited borrowed $800,000 from a bank for a 12-year period at a 9% interest rate. The firm must make a fixed monthly loan payment of $9.030. Which of the followings is correct when recording monthly loan payment for account Bank Loan Payable on July 31, 2020? Debit Bank Loan Payable $6,000 Debit Bank Loan Payable $4,030 Debit Bank Loan Payable $3,030 Debit Bank Loan Payable $5,030