Please help with question 1A.

Homework: Comprehensive Problem 2 Save Score: 0 of 30 pts 1 of 1 (0 complete) HW Score: 0%, 0 of 30 pts Comp13-1 (book/static) Question Help The Tusquittee Company is a retail company that began operations on October 1, 2018, when it incorporated in the state of North Carolina. The Tusquittee Company is authorized to issue 100,000 shares of $1 par value common stock and 50,000 shares of 5%, $50 par value preferred stock. The company sells a product that includes a one-year warranty and records estimated warranty payable each month. Customers are charged a 6% state sales tax. The company uses a perpetual inventory system. There are three employees that are paid a monthly salary on the last day of the month. Following is the chart of accounts for The Tusquittee Company. As a new business, all beginning balances are $0. (Click the icon to view the chart of accounts.) The Tusquittee Company completed the following transactions during the last quarter of 2018, its first year of operations: (Click the icon to view the transactions.) Read the requirements. Requirement 1a. In preparation for recording the transactions, prepare: An amortization schedule for the first 3 months of the mortgage payable issued on October 1. Round interest calculations to the nearest dollar. Ending Beginning Balance Principal Payment Interest Expense Total Payment Balance C 10/01/2018 11/1/2018 CO 12/1/2018 01/01/2019 N N N Enter any number in the edit fields and then click Check Answer. 64 parts Clear All O remaining Check Answer i Data Table Chart of Accounts Cash Merchandise Inventory Land Building Store Fixtures Accumulated Depreciation Accounts Payable Employee Income Taxes Payable FICA-OASDI Taxes Payable FICAMedicare Taxes Payable Employee Health Insurance Payable Federal Unemployment Taxes Payable State Unemployment Taxes Payable Income Tax Payable Sales Tax Payable Estimated Warranty Payable Dividends PayableCommon Notes Payable Mortgages Payable Common Stock-$1 Par Value Paid-in Capital in Excess of Par-Common Paid-in Capital from Treasury Stock Transactions Retained Earnings Treasury Stock-Common Cash Dividends Sales Revenue Cost of Goods Sold Salaries Expense Payroll Tax Expense Utilities Expense Depreciation Expense Warranty Expense Income Tax Expense Interest Payable Interest Expense Print Print Done Oct. 1 Issued 25,000 shares of $1 par value common stock for cash of $10 per share. 1 issued a $200,000, 10-year, 8% mortgage payable for land with an existing store building. Mortgage payments of $2,425 are due on the first day of each month, beginning November 1. The assets had the following market values: Land, $40,000; Building, $160,000. 1 Issued a one-year, 10% note payable for $10,000 for store fixtures. The principal and interest are due October 1, 2019. 3 Purchased merchandise inventory on account from Top Rate for $125,000, terms n/30. 15 Paid $160 for utilities. 31 Recorded cash sales for the month of $185,000 plus sales tax of 6%. The cost of the goods sold was $110,000 and estimated warranty payable was 8%. 31 Recorded October payroll and paid employees. 31 Accrued employer payroll taxes for October. Nov. 1 Paid the first mortgage payment. 3 Paid Top Rate for the merchandise inventory purchased on October 3. 10 Purchased merchandise inventory on account from Top Rate for $150,000, terms n/30. 12 Purchased 500 shares of treasury stock for $15 per share. 15 Paid all liabilities associated with the October 31 payroll. 15 Remitted (paid) sales tax from October sales to the state of North Carolina. 16 Paid $6,000 to satisfy warranty claims. 17 Declared cash dividends of $1 per outstanding share of common stock. 18 Paid $245 for utilities. 27 Paid the cash dividends. 30 Recorded cash sales for the month of $140,000 plus sales tax of 6%. The cost of the goods sold was $84,000 and estimated warranty payable was 8%. 30 Recorded November payroll and paid employees. 30 Accrued employer payroll taxes for November. i More Info 10 Purchased merchandise inventory on account from Top Rate for $150,000, terms n/30. 12 Purchased 500 shares of treasury stock for $15 per share. 15 Paid all liabilities associated with the October 31 payroll. 15 Remitted (paid) sales tax from October sales to the state of North Carolina. 16 Paid $6,000 to satisfy warranty claims. 17 Declared cash dividends of $1 per outstanding share of common stock. 18 Paid $245 for utilities. 27 Paid the cash dividends. 30 Recorded cash sales for the month of $140,000 plus sales tax of 6%. The cost of the goods sold was $84,000 and estimated warranty payable was 8%. 30 Recorded November payroll and paid employees. 30 Accrued employer payroll taxes for November. Dec. 1 Paid the second mortgage payment. 10 Paid Top Rate for the merchandise inventory purchased on November 10. 12 Paid $7,500 to satisfy warranty claims. 15 Sold 300 shares of treasury stock for $20 per share. 15 Paid all liabilities associated with the November 30 payroll. 15 Remitted (paid) sales tax from November sales to the state of North Carolina. 18 Paid $220 for utilities. 19 Purchased merchandise inventory on account from Top Rate for $90,000, terms n/30. 31 Recorded cash sales for the month of $210,000 plus sales tax of 6%. The cost of the goods sold was $126,000 and estimated warranty payable was 8%. 31 Recorded December payroll and paid employees. 31 Accrued employer payroll taxes for December. Print [Done Print Done