1) On August 1, 2016, Alpha Company entered into a capital lease, and correctly recorded the leased asset, and related obligation at $50,000.The annual interest rate implicit in the lease was 6%, and the first lease payment of $2,000 is due at the end of each month of the lease.Use this information to prepare the General Journal entry (without explanation) for the August 31, 2016 monthly lease payment. If no entry is required then write "No Entry Required."(Round your answer to the nearest whole dollar.)

2)On January 1, 2016, Alpha Company secured a $100,000, 6% annual rate mortgage note.Monthly payments are $1,500, with the first payment being due on January 31 2016, what is the unpaid balance of the note on March 1, 2016? (Round your answer to the nearest whole dollar.)

3)On August 1, 2017, Alpha Company retired a $10,000 bond at 102. On July 31, 2017 Alpha had accrued the interest payment for $250. At the date of retirement, the unamortized discount on the bonds was $400.Use this information to determine the dollar value of Alpha Company's:(Round all dollar values to the nearest whole dollar.)

1. Gain or Loss on Retirement of Bond: enter any loss dollar & amount inside of brackets ( )

2. Cash paid to retire the bond issue

3. Amount of Interest Payable liquidated at retirement

4. Amount of Premium or Discount on Bond Payable liquidated at retirement

4)On January 2, 2016, Alpha Corporation issued 2,500 shares of $5 par value common stock. The issue price was $15 per share. On January 15, Alpha Corporation issued 1,000 shares of its $100 par 5% cumulative preferred stock for $105 per share. Use this information to prepare the General Journal entry (without explanation) for the January 2 and January 15 entries.

5)On January 2, 2016, Alpha Corporation issued 2,500 shares of $4 par value common stock. The issue price was $15 per share. On January 15, Alpha Corporation issued 1,000 shares of its $100 par 5% cumulative preferred stock for $107 per share. Use this information to prepare the General Journal entry (without explanation) for the January 2 and January 15 entries.