what is the current long-term loan portion amount?REOUIRED show the following general ledger accounts in the books of Nomoolah for the financial vear 1 March 20.4 to 28 February 20.5, properly balanced or closed off: Interest expense Expenses payable Long-term loan Show extracts from the statement of profit or loss and other comprehensive income, statement of financial position and notes of Nomoolah which indicates how the interest and the loan will be disclosed in the financial statements for the vear ended 28 rebruary 20.5 INFORMATION Nomoolah borrows R375 000 on 1 December 20.0 from Merchant Bank. The Ioan is repavable in five equal. annual instalments, of which the first is payable on 30 November 20.2. Interest at a rate of 14% per annum on the outstanding capital amount is paid half-yearly in arrears on 31 May and 30 November. The interest rate is market related A hrst mortaage bond over Nomoolah's land and buildinas secures the long-term obligation. The carrvina amount of land and buildings is R320 000 on 28 February 20.5.