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aillie Power leased high-tech electronic equipment from Courtney Leasing on January 1, 2021. Courtney purchased the equipment om Doane Machines at a cost of $256,000,

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aillie Power leased high-tech electronic equipment from Courtney Leasing on January 1, 2021. Courtney purchased the equipment om Doane Machines at a cost of $256,000, its fair value (EV of \$1. PV of S1. EVA of \$1. PVA of \$1, EVAD of \$1 and PVAD of \$1) (Use ppropriate factor(s) from the tables provided.) Required: Prepare a lease amortization schedule and appropriate entries for Baillie Power from the beginning of the lease through December 31 , 2021. December 31 is the fiscal year end for each company. Appropriate adjusting entries are recorded at the end of each quarter. Complete this question by entering your answers in the tabs below. Prepare a lease amortization schedule. (Round your intermediate calculations and final answers to the nearest whole dollar. Enter all amounts as positive values.) Journal entry worksheet 4 Record the beginning of the lease for Baillie Power. Journal entry worksheet \begin{tabular}{lllllll} \hline & 1 & 3 & 4 & 5 & 6 & 7 \end{tabular} Journal entry worksheet 1 4 firj 567 Record the quarterly lease payment made by Baillie Power. Journal entry worksheet

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