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2. (2 points) On 05-30-15, S borrowed $600,000 at 5%. S made quarterly interest payments on 08-31-15 and 11-30-15. On 02-28-16, S made the last

2. (2 points) On 05-30-15, S borrowed $600,000 at 5%. S made quarterly interest payments on 08-31-15 and 11-30-15. On 02-28-16, S made the last interest payment and paid back the principle. S only prepares AJEs every 12-31. Prepare the entries S made on:

a. 05-30-15

b. 08-31-15

c. 11-30-15

d. 12-31-15

e. 02-28-16

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