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Baillie Power leased high-tech electronic equipment from Courtney Leasing on January 1, 2021. Courtney purchased the equipment from Doane Machines at a cost of $257,000,

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Baillie Power leased high-tech electronic equipment from Courtney Leasing on January 1, 2021. Courtney purchased the equipment from Doane Machines at a cost of \$257,000, its fair value. (FV of \$1. PV of \$1. FVA of \$1. PVA of \$1. FVAD of \$1 and PVAD of \$1) (Use oppropriate factor(s) from the tables provided.) Required: Prepore o 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 ot 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 answeri to the nearest whole dollar. Enter all amounts as positive values.) Required: Prepare a lease amortization schedule and appropriate entries for Bailie 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.) Record the appropriate adjusting entries at the end of each quarter for Bailie Power from the commencement of the lease through January 1, 2021. December 31 is the fiscal year end for each compariy. CIf ro entry is required for a transaction/event, select "No joumal entry required" in the first account ficld. Round your intermediate calculations dnd final answers to the nearest whole dollari) Journal entry worksheet

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