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A] pha Cpmpan'y prepares quarterl'g.r adjusting entries. [in August 31. 201?. Alpha Gunman-II purchased equipment with a sticloer price of $5,515 a nd signed a

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A] pha Cpmpan'y prepares quarterl'g.r adjusting entries. [in August 31. 201?. Alpha Gunman-II purchased equipment with a sticloer price of $5,515 a nd signed a npte due in 5' mpnths fpr 510.1100 that included interest in the I.IalLIe at the hate. Use this infdrrnatipn to prepare the general journal en'tr',I fur the August 31 equipment purchase. Prepare any additidnal general journal adjusting entries for Flscal Years 201? E: 2015.}1dditionall'f. prepare the general jclumal entry I]: recurd the pavrnent etthe npte when due in 2015. General qurnal

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