Question: View Policies Current Attempt in Progress On September 30, 2021, Sunland Corporation received a three-year, 8%, $1,050,000 bank loan. The terms provide for payment

View Policies Current Attempt in Progress On September 30, 2021, Sunland Corporation received a three-year, 8%, $1,050,000 bank loan. The terms provide for payment of the bank loan with quarterly instalment payments of $99.288, starting on December 31. Sunland has a November 30 year end and records adjusting entries annually. (a) Record the receipt of the bank loan on September 30, 2021. (Round answers to the nearest whole dollar, e.g. 5,275. 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 Sept. 30 eTextbook and Media Debit Credit

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