NEXT Exercise 15-09 Ivan 2020. The terms provide for annual installment payments of $46,300 on December 31 CHAPTER e Co. receives $277,800 when it issues a $277,800 10% mortgage note payable to finance the construction of a bulding at December 31, e 15-03 Prepare the journal entries to record the mortgage loan and the first two payments. (Round answers to 0 decimal places, e.g. 15,250. Credit account titles are automatically iodented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) 15-11 15-23 Date Account Titles and Explanation Debit Credit by SHOW LIST OF ACCOUNTS LINK TO TEXT