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Prepare appropriate entries for Baillie Power from the beginning of the lease through December 31, 2021. December 31 is the fiscal year end for each

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Prepare 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. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate calculations and final answers to the nearest whole dollar.) Dates are below for requirements per image.

  1. Jan 1, 2021
  2. Jan 1, 2021
  3. March 31, 2021
  4. March 31, 2021
  5. June 30, 2021
  6. June 30, 2021
  7. September 30, 2021
  8. September 30, 2021
  9. Dec 31, 2021
  10. December 31, 2021
image text in transcribed 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 \$250,000, its fair value. (FV of \$1. PV of \$1. FVA of \$1. PVA of \$1. FVAD of \$1 and PVAD of \$1) (Use approprlate foctor(s) from the tables provlded.) Requlred: 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. Answer is not complete. 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.) 1 Record the beginning of the lease for h jie Power. 2 Record the quarterly lease payment made by Baillie Power. 3 Record the quarterly lease payment made by Bailie Power. 4 Record amortization of the right-of-use asset for Baillie Power. 5 Record the quarterly lease payment made by Baillie Power. 6 Record amortization of the right-of-use asset for Baillie

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