accounting 2 494942

E11-14 PrintTYK Test Your Knowledge Student Name Course Name Student ID: Date: Requirements 1. Students please fill-in areas that are shaded Req. 1 DEBIT CREDIT Journal DATE ACCOUNTS AND EXPLANATIONS Feb 28 What is the balance in Estimated warranty payable? 2. Req. 2 E11-14 Recording mortgage payable entries from an amortization schedule LO 1 [10-15 minutes] Kaiser Company’s partial amortization schedule follows: 2013 totals Loan Date Payment Interest Expense (Principal X 6% X 1/12) Principal Mortgage Balance Payment Number Journalize the note issuance and the reclassification of the current portion on January 1, 2013 (explanations are not required). 3. Journalize the second payment on February 28, 2013 (do not round). Jan 1 Jan 31 Req. 3 Accounting, 9e ?1?/?1?/?2013 $500,000.00 1.00 ?1?/?31?/?2013 3597.30 $2,500.00 0.06 1.00 12.00 2.00 $1,097.30 $498,902.70 2.00 ?2?/?28?/?2013 3597.30 $2,494.51 0.06 1.00 12.00 $1,102.79 $497,799.91 3.00 ?3?/?31?/?2013 3597.30 $2,489.00 $1,108.30 $496,691.61 4.00 ?4?/?30?/?2013 3597.30 $2,483.46 $1,113.84 $495,577.77 5.00 ?5?/?31?/?2013 3597.30 $2,477.89 $1,119.41 $494,458.36 6.00 ?6?/?30?/?2013 3597.30 $2,472.29 $1,125.01 $493,333.35 7.00 ?7?/?31?/?2013 3597.30 $2,466.67 $1,130.63 $492,202.72 8.00 ?8?/?31?/?2013 3597.30 $2,461.01 $1,136.29 $491,066.43 9.00 ?9?/?30?/?2013 3597.30 $2,455.33 $1,141.97 $489,924.46 10.00 ?10?/?31?/?2013 3597.30 $2,449.62 $1,147.68 $488,776.78 11.00 ?11?/?30?/?2013 3597.30 $2,443.88 $1,153.42 $487,623.36 12.00 ?12?/?31?/?2013 3597.30 $2,438.12 $1,159.18 $486,464.18 43167.60 $29,631.78 $13,535.82 2013.00 2013.00 2013.00 Print Test Your Knowledge E11-14 PrintTYK Test Your Knowledge Student Name Course Name Student ID: Date: Requirements 1. Students please fill-in areas that are shaded Req….