Your answer is correct. Prepare the journal entries to record the mortgage loan and the first two installment payments. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem) Debit Credit Date Jan. 1,2020 Account Titles and Explanation Cash Mortgage Payable Dec. 31.2020 Interest Expense Mortgage Payable Dec 31, 2021 eTextbook and Media Ust of Accounts MacBook Air command option List of Accounts Attempts: 1 of 3 used Indicate the amount of mortgage note payable to be reported as a current liability and as a long-term liability at December 31, 2020. Round answers to decimal places, eg. 15,250) Current liability Long-term liability $ e Textbook and Media List of Accounts Attempts of 3 used Submit Answer Save for Later Assignment sent to Gradebook Your rade is being recorded Thor 30.200064112 PM America Chicago5.00 MacBook Air AAAAABB V