weyganat, Accounting Principes, 13 ctice Assignment Gradebook ORION Downloadable eTextbook ment CALCULATOR PULL SCREEN PRINTER VERSION BACK NEXT Question 15 Stuckey Company borrowed $800,000 on December 31, 2019, by issuing an $800,000, 8% mortgage note payable. The terms call for annual installment payments of $119,224 on December 31. Prepare the journal entries to record the mortgage loan and the first two installment payments. (Round answers to o decimal places, e.g. 15,250. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Indicate the amount of mortgage note payable to be reported as a current liability and as a long-term liability at December 31, 2021. (Round answers to c.g. 15,250.) Current liability Long-term liability Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Question Attempts: 0 of 4 used SAVE FOR LATER % Earn Maximum Points available only if you answer this question correctly in four attempts or less