33) Casey Industries issues a $250,000, 6%, 20-year mortgage note to finance the purchase of a new building on Jan. 1, 2012. Payments of $9,375 are made on June 30 and December 31 of each year....

33) Casey Industries issues a $250,000, 6%, 20-year mortgage note to finance the purchase of a new building on Jan. 1, 2012. Payments of $9,375 are made on June 30 and December 31 of each year. Prepare the amortization schedule for the first 5 payments of this mortgage note. (Round amounts to nearest dollar when necessary.)

34) The September 30, 2012 semi-annual interest entry for Casey Company’s bond interest expense was:

Journalize the December 31, 2012 adjusting entry.