secured by a mortoage on the property. The terms of the eote piecreing pbyment. Af an an Journalie the entry to record the transaction an inu wh. Ju. fentes * Gleca My Wre Determine what the company is auing and how ther are paying for this purchase. Leaming pojective 1 . b. Journwide the entry to record the peyment of the first installment on December 31. b. Journalize the entry to record the payment of the first instaliment on December 31 . D Feodback T Check My Work Pay attention to dates and remember that all interest rates are expressed in annual terms. What affect will this inst Learning Objective 1 c. Journalize the entry to record the payment of the second instaliment the following June 30