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La Porte Company obtained a 10-year, 5%, $170,000 mortgage loan to finance the purchase of a warehouse at March 31, 2017. The terms provide for

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La Porte Company obtained a 10-year, 5%, $170,000 mortgage loan to finance the purchase of a warehouse at March 31, 2017. The terms provide for semi-annual instalment payments on September 30 and March 31. (a) Record the obtaining of the mortgage payable on March 31, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit CI Date Account Titles and Explanation Mar. 31 List of Accounts Save for Later

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