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Question 4 of 7 4.17/10 Current Attempt in Progress On December 31, 2020, Ste-Anne Corp. obtained a 10-year, 5%. $120,000 mortgage loan from a bank to finance the purchase of a building in the future. The terms provide for semi-annual instalment payments on June 30 and December 31. (a) Your Answer Correct Answer (Used) Your answer is partially correct. Record the obtaining of the mortgage payable on December 31, 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit Dec. 31 Cash 120000 Current Portion of Bank Loan Payable 120000 Record the first two instalment payments on June 30, 2021, and December 31, 2021, assuming each payment is $7,698. (Round answers to the nearest whole dollar, eg, 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Blended principal and interest payment Debit Credit Payment Date Account Titles and Explanation First June Instalment 30 Interest Expense Mortgage Payable Cash Second Instalment Dec. 31 Interest Expense Mortgage Payable Cast