202008081347396N000972955 Pertemuan 4 Materi & Tugas - Microsoft Word (Product Activation Failed) Mailings Review View A 2017 . E .A. E= AaBBCCD AaBbcou AaBb 1 Normal No Space Heading 1 AaBbcc AaBl A Heading 2 Title 9 Paragraph Soal 2 Interstellar Cellular Systems leased a satellite transmission device from CHW Leasing Services on January 1, 2018 Pinnacle paid $625 483 for the transmission device. Its fair value is 5625,483 Terms of the Lease Agreement and Related information Semiannual rental payments $120,000 at beginning of each period Economic life of asset 3 years Interest rate 12% Required: A Prepare the appropriate entries for both Interstellar Cellular Systems and CHW Leasing Services on January 1, the inception of the lease. B. Prepare an amortization schedule that shows the pattern of interest expense for interstellar Cellular Systems and interest revenue for CHWLeasing Services over the lease term. (Round to the nearest) C. Prepare the appropriate entries to record the second lease payment on July 1, 2018 and adjusting entries on December 31, 2018 (the end of both companies fiscal years)