On December $31,2023,$ Swifty Link Corporation received a four$-$year, $6\%,$$$644,000$ bank loan. The terms provide for payment of the bank loan with semi$-$annual instalment payments of $$91,742$ principal and interest, starting on June $30.$ Swifty has a March $31$ year end and records adjusting entries annually.

Record the first two instalment payments, on June $30,2024,$ and December $31,2024.($Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries. Round answers to $0$ decimal places, e$.$g$.1,234.)$

Date

Account Titles

Debit

Credit

Bank Loan Payable

Interest Expense

Interest Payable

Cash

$2$C$.31$

Bank Loan Payable

Interest Expense

Cash