Activity to be performed: 1. Document Payable is a loan granted by a bank to the company ABCD: ABCD, borrows $ 100,000 from the bank to buy this year's inventory. The ABCD company signs the document as a borrower and agrees to repay the bank monthly payments of $ 2000, including $ 500 monthly interest, until the document payable is paid in full. ABCD debits $ 100,000 from your cash account and credits your Payable Documents account for the loan amount. The bank does the opposite: debits your receivables account and credits your cash account. At the beginning of each month, ABCD makes the loan payment for $ 2000, debiting the documents payable account for $ 1500, debiting the interest expense account for $ 500, and credits the cash account for $ 2000. Again, the bank records the reverse of the transaction. Debt cash for $ 2,000, credit documents receivable for $ 1,500, and interest income for $ 500. 2, Make the accounting records corresponding to go to the general journal and T accounts, or general higher.