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On March 31, 2020, La Porte Company obtained a 10-year, 5%, $320,000 mortgage loan from a bank to finance the purchase of a warehouse in the future. The terms provide for semi-annual instalment payments on September 30 and March 31. (a) Your answer is correct. Record the obtaining of the mortgage payable on March 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 Mar. 31 Cash 320000 Mortgage Payable 320000 Record the first two instalment payments on September 30, 2020, and March 31, 2021, assuming each payment is $20,527 (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 Date Account Titles and Explanation Debit Credit September 30 Mortgage Payable Interest Expense Cash Mar 31 Mortgage Payable Interest Expense Cash