On December 31, 2025, Marigold Company acquired a computer from Plato Corporation by issuing a $636,000.00 zero-interest- bearing note, payable in full on December 31, 2029. Marigold Company's credit rating permits it to borrow funds from its several lines of credit at 12%. The computer is expected to have a 5-year life and a $71,000 salvage value. Click here to view factor tables. (a) Your Answer Correct Answer (Used) Your answer is partially correct. Prepare the journal entry for the purchase on December 31, 2025. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answers to 2 decimal places, e.g. 58,971.23. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date December Account Titles and Explanation Equipment Debit 394905 Credit

Prepare any necessary adjusting entries relative to depreciation (use straight-line) and amortization (use effective-interest method) on December 31, 2026. (Round answers to 2 decimal places, eg. 38,548.23. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Schedule of Note Discount Amortization On December 31,2025 , Marigold Company acquired a computer from Plato Corporation by issuing a $636,000.00 zero-interestbearing note, payable in full on December 31, 2029. Marigold Company's credit rating permits it to borrow funds from its several lines of credit at 12%. The computer is expected to have a 5-year life and a $71,000 salvage value. Click here to view factor tables. (a) Correct Answer (Used) Your answer is partially correct. Prepare the journal entry for the purchase on December 31, 2025. (Round present value foctor calculations to 5 decimal places, es. 1.25124 and the final answers to 2 decimal places, eg. 58,971.23. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)