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On July 1, the company took a loan from a bank for € 150 000. This loan lasts fo...

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On July 1, the company took a loan from a bank for € 150 000. This loan lasts for 8 years, matures every 6 months, and has an annual fixed interest rate of 6%.

On December 31, which transaction does the accountant has to record in the journal book?

	Left (DR)	Right (CR)
Bank	25,000
Interest expense on loans	4,500
Loan		29,500

	Left (DR)	Right (CR)
Loan	9,375
Interest expense on loans	9,000
Bank		18,375

	Left (DR)	Right (CR)
Loan	25,000
Interest expense on loans	4,500
Bank		29,500

	Left (DR)	Right (CR)
Loan	9,375
Interest expense on loans	4,500
Bank		13,875

	Left (DR)	Right (CR)
Bank	9,375
Interest expense on loans	9,000
Loan		29,500

	Left (DR)	Right (CR)
Bank	150.000
Loan		150.000

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